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Stock impact report

Best Stock to Buy Right Now: Uber vs. Lyft [Yahoo! Finance]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Uber is the market leader in the U.S. and many other countries, while Lyft is an underdog that operates only in the U.S. and Canada. Uber also delivers food and other products through Uber Eats, but Lyft provides deliveries only through third-party partners such as DoorDash . Both companies also provide bike and electric scooter rentals in select cities. Image source: Getty Images. Uber and Lyft both went public in 2019. At the time of this writing, Uber's stock trades 36% above its IPO price of $45, but Lyft's stock has tumbled more than 80% below its IPO price of $72. Uber impressed investors as it streamlined its business and economies of scale kicked in, but Lyft's smaller business struggled with sluggish growth and persistent losses. Will Uber remain a better investment than Lyft for the foreseeable future? Let's take a fresh look at both ride-hailing companies to find out. Which company is growing faster? From 2018 to 2023, Uber's gross bookings grew at a compound annu Show less Read more
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