Why Lyft, Inc. (LYFT) Soared On Friday

We recently published a list of What sent these ten shares to the rise today? In this article, we will look at the lyf, Inc. (NASDAQ: Lyft) against the best shares on the other Friday.
The stock market decreased on the last day of the trading week, as investors sold positions to reduce risks from the expected trade talks between the United States and China this week.
Dow Jones and S&P 500 alike decreased by 0.29 percent and 0.07 percent, respectively. In contrast, heavy Nasdaq ended in technology.
In addition to the main indicators, 10 companies were traded strongly, with the completion of two numbers, thanks to the performance of the ongoing positive profits and optimistic expectations.
In this article, we call the top 10 shares on Friday and the details of the reasons behind their gains.
To reach the list, we considered only $ 2 billion market value shares and a trading volume of $ 5 million.
A passenger and a co -driver in a car, looking from the window in anticipation of their destination.
Lyft Inc. The stock prices increased by 28.08 percent on Friday, ending at $ 16.65 each after reporting profitability in the first three months of the year.
According to the company, it achieved a net income of $ 2.6 million during this period, a reflection of net $ 31.5 million in the same period last year, as revenues grew 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, Lyft, Inc. said. (Nasdaq: Lyft) It expects to grow bike riding in the middle of adolescence on an annual basis.
The total number of reservations also targets a settlement between $ 4.41 billion 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 First rank In our list of the best shares on Friday. 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.
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2025-05-09 23:55:00