Lyft-Off To Melt-Down, Part 2

Let’s see. Lyft is a fast grower all right. It’s 2018 sales of $2.16 billion were up by $1.11 billion or 106% from prior year; and that was only a tad less impressive than its expenses and costs, which grew from $1.74 billion in 2017 to $3.07 billion in 2018 or by $1.34 billion. Then again, this is how Lyft rolls. On […]