Buying on Dips
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Has Lyft Stock Finally Hit A Floor?
Forbes· 2026-02-26 15:20
Close-up of side window of a car used for the ridesharing service Lyft, with Lyft logo visible on window, reflection of palm tree in window, San Ramon, California, March 7, 2018. (Photo by Smith Collection/Gado/Getty Images)Getty ImagesLyft (LYFT) shares have declined by 25.5% in under a month, from $17.98 on January 26, 2026, to $13.40 at present. Is this a buying opportunity?Buying on dips is a legitimate strategy for quality stocks that typically rebound from such declines. Interestingly, LYFT stock meet ...