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Uber, Lyft Continue Selloff as Market Rises

By Martin Peers
· · Source: The Information

While the stock market steadied after Thursday’s 10% plummet, Uber and Lyft each fell another 3%-4%. Their declines highlight a reality about the coronavirus-inspired stock selloff. The ride hailing firms have been among the worst hit of any of the tech stocks. Lyft and Uber have each lost 50% of their value in the past few weeks, about twice as much as the overall market. Lyft is now trading...

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