NasdaqGS:LYFTTransportation
Lyft (LYFT) Valuation In Focus As Illinois Moves To Allow Driver Unionization
Illinois lawmakers have approved a bill that would allow Lyft (LYFT) drivers to unionize and collectively bargain, a regulatory shift that has pushed the stock into focus as investors reassess labor risk.
See our latest analysis for Lyft.
At a share price of US$14.02, Lyft has seen short term pressure, with a 7 day share price return of 5.65% decline and year to date share price return down 29.16%. The 3 year total shareholder return of 34.16% contrasts with a 76% decline over five years,...