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Benzinga

Business

Surbhi Jain

YOU WONT BELIEVE: Lyft finds its robotaxi mojo but uber s still in the fast lane - What They Never Told You

Lyft Uber Nasdaq Waymo Alphabet Inc Google Uber Technologies Inc United States

Lyft Van

Lyft Inc. (NASDAQ:LYFT) just scored a 10% stock pop on its first robotaxi deal with Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo. It's a headline win, but in a market where Uber Technologies Inc (NYSE:UBER) is worth 25 times more, the bigger question is whether Lyft just found a new growth engine—or merely a momentary spark.

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