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International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

Lyft Races Ahead Of Uber On Wall Street — For How Long?

Lyft Uber Dara Khosrowshahi Bilt

Uber and Lyft traded places on Wall Street in 2024 as competition for riders rages on. Lyft's shares are up 15% YTD, while Uber's are up 10.3%. That differs from the previous five years, when Uber's shares rose 84.7% while Lyft's stock was down 67.2%.

Last week, the two companies reported financial results reflecting this investor sentiment change on Wall Street.

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