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StockNews.com
StockNews.com
Business
Aditya Raghunath

Better Bet for 2022: Uber vs. Lyft

Ride-hailing platforms Uber (UBER) and Lyft (LYFT) have grossly underperformed the markets since they went public in 2019. Uber priced its IPO at $45 per share and is currently trading at $39 while Lyft went public at $72 per share and the stock is also currently trading at $39.

The ongoing pandemic has weighed heavily on the top-line of these two companies who are also struggling to report consistent profits.  However, Wall Street analysts are bullish on both stocks for 2022.

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