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September 01, 2020 1:43pm
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Lyft Continues to Struggle as Analyst Forecasts 40 Percent Drop

After debuting last week with an opening price of $72, Lyft continues to struggle with a 3 percent drop on Tuesday with analyst downgrades putting pressure on the ridesharing company early on in its publicly-traded existence. Michael Ward, an analyst at Seaport Global Securities, issued Lyft a sell...
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