- Entry
- $14.88
- Final
- $14.40 -3.2%
- Target
- —
- Score
- +0.32
Do investors still think Lyft or Uber are innovative or disruptive? They seem like bloated and poorly run cab operations. NYC Taxi medallions peaked at over 1 million in 2014 and dropped precipitously with the regulators allowing Uber and Lyft to proliferate. They dropped around 70-90% in market value. But the medallions still made/make money as long as there is a driver operating them for the owner, and probably lots more owner drivers getting into the business. From what I …
— ORIGINAL POST ·
Any investors in Lyft? Lyft stock has been abysmal since it's IPO and has done worse than NYC taxi medallions have from the peak. Odd of Lyft going bankrupt?
· r/investing
· Mar 4, 2026