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NASDAQ: LYFT
Lyft (LYFT) stock, explained like you're 5
Lyft trades on the Nasdaq under the ticker LYFT. It is a mid cap company in the business services industry, part of the consumer cyclical sector, with a market value of about 6.1 billion dollars.
- Ticker
- LYFT
- Exchange
- Nasdaq
- Sector
- Consumer Cyclical
- Industry
- Business Services
- Size
- Mid cap, about 6.1 billion dollars
Is Lyft a small, medium or large cap company?
No. Lyft is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 6.1 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Lyft makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves LYFT stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- LYFT Stock Falls As Wall Street Flags Uber Competition Concerns After Mixed Q4 Earnings (Stocktwits)
- LYFT or GRAB: Which Ride Hailing Stock Holds an Edge at Present? (Yahoo Finance)
- 61% of travel buyers say managing travel across regions is challenging. Lyft's Alcove aims to help. (Stock Titan)
- LYFT: Future Profit Margins And Autonomous Partnerships Will Shape Competitive Position (Simply Wall Street)
- Goldman cuts target to USD 22.00 for Lyft stock (ad-hoc-news.de)
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Questions about Lyft stock
What does Lyft do?
Lyft trades on the Nasdaq under the ticker LYFT. It is a mid cap company in the business services industry, part of the consumer cyclical sector, with a market value of about 6.1 billion dollars.
What is the ticker symbol for Lyft?
Lyft trades under the ticker LYFT on the Nasdaq.
What is Lyft's market cap?
Lyft is a mid cap stock with a market cap of about 6.1 billion dollars.
How does Lyft make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves LYFT stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow LYFT stock every day?
Add LYFT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.