San Francisco-based Lyft, Inc. (LYFT) is one of the largest transportation network companies in the United States and Canada. It operates as a transportation-as-a-service platform, offering peer-to-peer on-demand ridesharing. The company provides Ridesharing Marketplace, Express Drive, Lyft Rentals, and Lyft Pink Subscription services, among others. However, LYFT has an ISS Governance QualityScore of 9, indicating high governance risk.
Shares of LYFT have declined 62% in price over the past year and 57.9% year-to-date to close yesterday’s trading session at $19.00.
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