According to Wedbush, Lyft Inc. (LYFT) reported better than expected in 2Q21 and reached Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) profitability for the first time. Ygal Arounian, VP of Equity Research at Wedbush Securities discusses Lyft and Uber Technologies’ (UBER) earnings. Wedbush has an outperform rating on Uber. Tune in to find out more.
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