Lyft Stock getting killed this week?

in #uber5 years ago

Why is Lyft stock price falling? How could you not make money having a Taxi 🚕/ rideshare company when you keep 25% of each fair ? !
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$56.38 :-( not good news for IPO buyers!

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What will happen to Uber IPO in the next few weeks? They should of created a Crypto currency based on miles driven by each driver!

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I read somewhere a breakdown of the math that Uber drivers only make like 5 cents per mile after average expenses and fees? I hope Lyft drivers make at least more than that... Would love to see a decentralized version on Steem!

Well, Lyft stock closed yesterday at $58.36 which is down from the open IPO price. Maybe early investors have cashed out and moved on to other business opportunities . Kind of reminds me of cryptocurrency is an away ha ha Ha

I am planning on buying Uber Stock when it IPO s this month or next, I guess the big discussion is to wait for a few days or buy in as soon as possible?

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