Why Uber’s $100 Billion Valuation is Wildly Bullish for Lyft Stock

Uber’s decision to value itself at $100 billion rocked Lyft stock on Wednesday, causing the embattled rideshare company’s shares to plunge as far as 10%. Contrary to the prevailing narrative, however, a strong Uber IPO would be wildly bullish for Lyft shares. дальше »

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