Lyft, Inc. (LYFT): A Bull Case Theory

We came across a bullish thesis on Lyft, Inc. (LYFT) on Substack by Stefan Waldhauser. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc. (LYFT)'s share was trading at $11.16 as of April 17^th. LYFT’s trailing and forward P/E were 186 and 10.94 respectively according to Yahoo Finance.

[caption id="attachment_1195729" align="aligncenter" width="768"] A close up view of a hand holding a smartphone, using a ride sharing app.[/caption]

Lyft’s $197 million acquisition of European mobility platform Freenow marks a pivotal shift in the company’s strategy,...