Lyft (LYFT) Registers a Bigger Fall Than the Market: Important Facts to Note

The latest trading session saw Lyft (LYFT) ending at $11.95, denoting a -1.24% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%. The ride-hailing company's stock has dropped by 13.39% in the past month, falling short of the Computer and Technology sector's loss of 4.37% and the S&P 500's gain of 0.1%. The investment community will be paying close attention to the earnings performa ...