facebookAre traditional automobile stocks declining with the arrival of Lyft? - Seedly

Anonymous

15 Nov 2019

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General Investing

Are traditional automobile stocks declining with the arrival of Lyft?

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Kelly Trinh

15 Nov 2019

Backoffice technical at financial services firm

The new Uber/Lyft "sharing economy" would be very bad for older business models (eg look at the impact on NYC medallion prices) but still need underlying tools to get about (ie. the cars!) so it isn't as direct of an ipact.

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