Where Will Lyft Stock Be in 5 Years?

It's been a bit over five years since Lyft (NASDAQ: LYFT) had its initial public offering. Unfortunately, the stock has disappointed investors, trending lower over the last several years. The rideshare giant hasn't quite been able to live up to high-growth expectations, falling behind competitors in a volatile macroeconomic environment.That being said, there are several reasons to believe this bumpy ride could still steer toward a more positive, long-term outlook. Let's look at where Lyft stock might go in the next five years.The option to conveniently book a ride through a smartphone app has quickly revolutionized transportation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool