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uhh... share price isn't what makes Lyft expensive. It's P/E does... because there's no earnings.
by MuffinFlavored 8y ago
uhh... share price isn't what makes Lyft expensive.
It's P/E does... because there's no earnings.
- josh_carterPDX 8y agoAgree. However, the point I was trying to make is that a driver could not afford to buy shares even if they wanted to.
- karlakush 8y ago$72 is not prohibitively expensive. Also, buying shares of a company just because you work for them is not always a smart decision. If the company goes under, you will lose your job. Do you really want to lose your savings as well?