Lyft Shares Sink After Sales Forecast Misses Estimates

Lyft Shares Sink After Sales Forecast Misses Estimates

Assessment

Interactive Video

Business

University

Hard

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The video discusses the market performance of Lyft and Carvana. Lyft's shares are plunging despite strong demand for ride-sharing, due to diminishing per rider economics and a light revenue range. Carvana, on the other hand, is soaring as it expects to return to profit and stabilize the used car market. The video also highlights the stock performance of both companies, noting significant short interest in Lyft.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the stabilization of the used car market indicate for Carvana's future?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the significance of the short interest in Lyft's stock.

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