The Short Sellers Are Coming For Lyft – But Will They Get Squeezed?

While one prominent short seller says he's buying Lyft - many investors are betting the stock will sink.


6 Apr, 2019FORTUNE.COM

BEAM - The Short Sellers Are Coming For Lyft – But Will They Get Squeezed? | BEAM

A volatile IPO. An uncertain business model. No profits in sight.

Shorting Lyft sounds like a no-brainer, right? Plenty of investors think so: As of Thursday roughly 41% of Lyft shares, worth some $937 million, were being shorted according to S3 Partners Managing Director Ihor Dusaniwsky. In contrast, that figure is closer to 23% for Tesla--another company that has divided investors....

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