Lyft (LYFT) Stock Sinks As Market Gains: Here's Why

Lyft (LYFT) ended the recent trading session at $12.40, demonstrating a -1.12% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.15%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.09%.The the stock of ride-hailing company has risen by 2.53% in the past month, leading the Computer and Technology sector's gain of 1.15% and the S&P 500's loss of 0.21%.Investors will be eagerly watching for the performance of Lyft in its upcoming earnings disclo ...