Wednesday, May 4, 2022

LYFT (LYFT)

 LYFT should have been renamed DROP

LYFT dropped below the rate of inflation 273 days ago, Aug. 4th 2021. That's when the negative real rate of return (RRR) began. As of yesterday, according to a market blog, "sellside that as of yesterday had 26 Buys and 13 Holds", as it crashes 33% this morning. Just guessing this is still in a famed "innovation" ETF.

 Real Rate of Return stock chart below:

 

LYFT (LYFT)


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