Watching Lyft; Bleecker Street Research Issues Report On Co Titled "Lyft: Massive Liabilities, Limited Capacity to Pay Them, and a Deteriorating Business Outlook", States It Holds A Short Position
https://www.bleeckerstreetresearch.com/research/lyft-massive-liabilities-limited-capacity-to-pay-them-and-a-deteriorating-business-outlook
A research firm says Lyft has big debts it might struggle to pay back, and the business is getting weaker. When you hear criticism like this, it's worth thinking about whether the company can stay healthy—but wait for more information before deciding what it means.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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