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Lyft (LYFT) Surges 13.1%: Is This an Indication of Further Gains?
LyftLyft(US:LYFT) ZACKS·2025-09-19 01:26

Lyft (LYFT) shares soared 13.1% in the last trading session to close at 22.84.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestocks29.722.84. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.7% gain over the past four weeks.The upside can be attributed to Lyft’s recently announced partnership with Alphabet’s (GOOGL) Waymo, aimed at launching Waymo’s fully autonomous ride-hailing service to Nashville in 2026. This ride-hailing company is expected to post quarterly earnings of 0.30 per sha ...