Why Lyft, Inc. (LYFT) Skyrocketed This Week

We recently published a list of These ten shares moved the market this week, which is the reason. In this article, we will look at the place where Lyft stands, Inc. (Nasdaq: Lyft) against other stocks that transported the market this week.

The stock market decreased by a week drop for a week, as warning investors re -put their governor before the United States and the high Chinese negotiations on commercial policies that erupted for several months of global economies.

On the basis of one week, Dow Jones decreased by 0.16 percent, as S&P 500 decreased by 0.47 percent, while the Nasdaq Stock Exchange decreased by 0.27 percent.

Besides the main indicators, 10 companies dug a wider decrease in the market, as the gains increased in the trading of only one week.

In this article, we call 10 ten companies this week and the main reasons that have strengthened their gains.

To reach the list, we considered only $ 2 billion market value shares and a trading volume of $ 5 million.

The shares were chosen based on the highest rate of price increase on May 9 for a week ago, or on May 2.

A passenger and a co -driver in a car, looking from the window in anticipation of their destination.

Lyft Inc. The price of its shares is 31.62 percent a week, ending at $ 16.65 on Friday, compared to $ 12.65 a week before swinging to profit in the first three months of the year.

According to Lyft, Inc. (NASDAQ: LYFT), a net income of $ 2.6 million during this period, which is a reflection of net net $ 31.5 million in the same period last year, where revenues increased by 13.5 percent to $ 1.45 billion from 1.277 billion dollars on an annual basis.

The total reservations also fell 12.7 percent to $ 4.28 billion from 3.69 billion dollars in the same similar period, with the support of increasing the number of active cycles and passengers.

For the second quarter, you expect Lyft, Inc. (NASDAQ: LYFT) that passengers grow by the middle of adolescence, as well as the total reservations to range between 4.41 billion dollars and $ 4.57 billion, or 10 to 14 percent growth on an annual basis.

“By expanding the new population composition via Lyft Silver and to Europe through its planned Freenow, we put all the pieces in place for continuous and pioneering performance in the market.”

Generally, Lift Fourth rank In the stock list that moved the market this week. While we admit the capabilities of Lyft as an investment, our condemnation lies in the belief that artificial intelligence shares are more promises to make higher returns and do so in a shorter time frame. Amnesty International has increased since the beginning of 2025, while famous artificial intelligence shares have lost about 25 %. If you are looking for the most promising Amnesty International share than Lyft but is trading less than 5 times its profits, check our report on this The cheapest inventory of artificial intelligence.