1 Growth Stock Down 80% to Buy Right Now

Lyft (NASDAQ: LYFT), the second-largest ride-hailing company in the U.S., went public on March 29, 2019, at $72 per share. It closed at its record high of $78.29 that same day.Today, Lyft's stock trades 80% lower at $15. The bulls retreated as its growth slowed, it racked up more losses, and it struggled to keep pace with its larger competitor, Uber (NYSE: UBER). Uber's stock has risen nearly 50% from its IPO price.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool