Bridgewater Associates Is Giving Up on Lyft Stock. Should You?

Lyft (LYFT) makes a reappearance as hedge fund Bridgewater Associates fully unwound its shares in Q3 2025 by completely disposing of its 2.48 million shares it previously owned. The sharp cut of 100% comes as Lyft's revival narrative reaches new heights with records in profitability, ridership volumes, and success in autonomous mobility solutions. The shares have just touched $19 following intense volatility last week.

The overall mobility and sharing economy landscape has transformed over the last twelve months due to increased demand, optimizations in labor market dynamics, and swift adoption of autonomous technologies infused with AI. Lyft has been pursuing its strategies related to efficiency, automation, and premium rides aggressively; however, other players in consumer tech and transport have shown mixed performance. In this environment, Lyft posted its highest free cash flow and accelerating growth in active riders in their last earnings cycle.