Lyft Expands to Halifax, Shares Surge
Update: 2025-12-18
Description
Lyfts shares surged by nearly four percent following the announcement of its expansion into Halifax, Nova Scotia, as part of a broader strategy to grow its presence in the Canadian market. The company highlighted Halifaxs fast-growing population and increasing demand for transportation options as key reasons for this strategic decision. Despite the positive news, Lyfts stock remains nearly nineteen percent below its fifty-two-week high, indicating a volatile market outlook.
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