Why Lyft Stock Rose 15% in August

Key Points Lyft reported 11% growth in the second quarter, and margins expanded. New initiatives like Lyft Silver are paying off. The Free Now acquisition should give a boost to growth. 10 stocks we like better than Lyft › Shares of Lyft (NASDAQ: LYFT) were moving higher last month after the No. 2 ride-sharing company delivered a solid second-quarter earnings report and benefited from increased expectations that interest rates would soon go down. Lyft also received generally positive commentary ...