If You Had Invested $100 in Lyft Stock 1 Year Ago, Here's How Much You Would Have Today

Group 1 - Lyft's stock gained 28% over the past year, outperforming the S&P 500, which returned 13.7% [2] - A $100 investment in Lyft would be worth $128, compared to $114 if invested in the S&P 500 [2] - In Q3, Lyft's bookings and active riders grew by 16% and 18% year over year, respectively, driving revenue up by 11% [3] Group 2 - Lyft faces limited competition in the ride-hailing market, primarily from Uber Technologies [3] - The company is adapting to rapid technological changes by forming partnerships, including one with Alphabet's Waymo [4] - With improving financials and strategic partnerships, Lyft is positioned to continue delivering strong shareholder returns [4]