Lyft (LYFT) Rises Higher Than Market: Key Facts

In the latest trading session, Lyft (LYFT) closed at $11.72, marking a +1.65% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.08%. Meanwhile, the Dow experienced a rise of 0.92%, and the technology-dominated Nasdaq saw an increase of 1.41%.Shares of the ride-hailing company have depreciated by 17.7% over the course of the past month, underperforming the Computer and Technology sector's loss of 13.17% and the S&P 500's loss of 8.26%.Market participants will be c ...