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Added to YB: 2024-10-07

Pitch date: 2024-10-01

LYFT [bullish]

Lyft, Inc.

+63.09%

current return

Author Info

Maple Tree Capital is a fictitious fund run by @HenryInvests. Follow on Twitter/X.

Company Info

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.

Market Cap

$9.2B

Pitch Price

$12.49

Price Target

N/A

Dividend

N/A

EV/EBITDA

48.34

P/E

63.78

EV/Sales

1.37

Sector

Ground Transportation

Category

turnaround

Show full summary:
Maple Tree Capital - Heartwood New Position: Lyft, Inc.

LYFT: Turnaround evident with meaningful ADJ EBITDA, precursor to FCF & profitability. New CEO Risher (ex-Amazon SVP) bought $500k shares. David Tepper's Appaloosa fund initiated $112m position. Clear signs of insider confidence in company's future.

Read full article (1 min)