Why Lyft Stock Cruised to a 5% Gain This Week

News of a fresh business partnership and a pair of analyst price target hikes put some acceleration in Lyft's (NASDAQ: LYFT) stock over the past few days. The rideshare company's stock experienced a 5% increase across the week, according to data compiled by S&P Global Market Intelligence. That bullish journey started on Monday, when Lyft and ride-hailing platform developer Curb announced they had agreed to a strategic partnership. Under its terms, Lyft riders will be able to connect to Curb's taxi network via that company's Curb Flow platform. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool