Lyft is engaged in operating multimodal transportation networks in the U.S. and Canada that provide access to a variety of transportation options through Co.'s platform and mobile-based applications. Co.'s transportation network provides riders seamless, personalized and on-demand access to a variety of mobility options. Co.'s transportation network is comprised of: Ridesharing Marketplace, which connects drivers with riders; Express Drive, which drivers can enter into short-term rental agreements for vehicles that may be used to provide ridesharing services on the Lyft Platform; Lyft Rentals; Bikes and Scooters; Public Transit; and Lyft Autonomous. The LYFT average annual return since 2019 is shown above.
The Average Annual Return on the LYFT average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether LYFT average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LYFT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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