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LYFT Inc is an American company that develops a mobile application for renting cars, scooters and bicycles. Among the services provided are food delivery and private taxis. Despite the fact that LYFT.O is based in California, its product operates in 644 cities in the US and 12 cities in Canada.
In its niche, LYFT Inc has a 30% market share, being the second-largest car rental company in the United States after Uber.
Passengers must download the mobile app to their smartphone, check-in, enter a valid phone number and payment method. After the trip is complete, the funds are debited.
Many investors are looking to add LYFT Inc to their portfolios. On FxPro platforms, you can not only buy but also sell these assets due to the CFD format. Our traders also have access to margin trading with leverage. You can find more information regarding leverage on our website.
Before you choose a stock for trading, we recommend paying attention to the online chart on this page or in the platforms and checking the trading conditions above.
Keep a close eye on corporate news, as well as the results of company reports, which are published in the Dividend & Earnings Calendar. These data usually have a significant impact on the value of shares.
Please note that in the case companies issue a dividend, the ex-dividend date, that is the date without entitlement to the dividend, is known in advance and is displayed in the corresponding calendar on our website. If you have a Buy position open on the ex-dividend date, your trading account will be credited with the dividend net of any withholding taxes. In the case of holding a Sell position, the whole dividend will be debited to your account. If you have questions about this, our customer support team are on hand to assist.
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