Lyft: Rides Slowly Rebounding
Video Credit: Wochit News - Duration: 00:33s - Published
Lyft: Rides Slowly Rebounding
Reuters Lyft said some cities were starting to see significant rebounds following the coronavirus' decimation of ride-hailing requests.
Overall, US rides were up 26% in May compared to April, with some cities like Austin, Texas up as much as 73%.
Shares of Lyft rose about 4% in after-hours trading as investors welcomed the rebound.
Visit Business Insider's homepage for more stories.
