FOUND: Does lyft s ceo know something analysts don t - You Need To See This

“Buying the dip” is a strategy where investors purchase shares of heavily sold companies at or near their lows, with hopes of benefiting from outsized gains when markets recover. Of course, what counts as a “dip” is all relative in today's fast-paced markets. 

For instance, shares of ride-hailing platform Lyft (LYFT) are trading no less than 40% below April's 52-week highs, and are nearly flat on a year-to-date basis. But based on recent insider buying activity, the beaten-down shares are looking very attractive to some high-profile investors at current levels.