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Where Will Lyft Stock Be in 1 Year?

Leo Sun, The Motley Fool
·5-min read
Where Will Lyft Stock Be in 1 Year?

Lyft's (NASDAQ: LYFT) stock plunged 19% on May 5 after the transportation services provider posted its first-quarter report. Lyft cleared Wall Street's low bar, but its weak growth in active riders and soft guidance for the second quarter sank its stock. Should investors bet on a turnaround for Lyft, which now trades nearly 90% below its IPO price, in the next 12 months?

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