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Lyft advances as activist Engine Capital nominates board directors

ReutersMar 25, 2025 5:09 PM

Shares of ride-hailing firm Lyft LYFT.O up 4.1% to $12.71 after rising as high as $13.20 in early afternoon trading on Tues

Hedge fund Engine Capital Management gearing up for a boardroom fight and has nominated director candidates, sources familiar with the matter told Reuters

LYFT shares have lost nearly 40% over the past 12 months, including move on the session

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