Lyft Trading at Libertex

Lyft Trading at Libertex

Libertex Launched Lyft Trading

Libertex just launched CFDs (contracts for difference) for shares of Lyft Inc. (LYFT), that raised 24,3 bln USD following its IPO at the end of March, 2019.

Igor Galkin, Head of Global Business Development and Sales at Libertex Group, said, “Lyft held an IPO at the end of March, 2019. Its shares are one of the most interesting instruments of this season. We’re glad to offer our clients CFD for Lyft shares and open new trading opportunities for them.”

CFD on Lyft have a huge potential for effective trading because of two key reasons: first, they allow traders to diversify their trading strategies, and second, after the IPO they are quite volatile. Long-term investors can also find Lyft to be of interest, seeing as there is a good potential for share price growth.

Lyft shares will be available on the Libertex trading terminal starting April, 2019.

About Libertex:

Libertex is an international brand with a twenty year history in financial markets and online commerce. Libertex provides investors with access to trading stocks, currencies, indices, commodities, gold, oil, gas and many other financial instruments. The Libertex team has more than 2,200,000 customers in Latin America, Europe and Asia owing to its first-class service. Libertex has more than 150 commercial instruments. In 2016, Libertex was recognized by Forex EXPO Awards as the best trading platform; and Global Banking and Finance Review named it the best trading application in the EAEU. In 2017-2018 Libertex was announced as Best trading application and Best cryptocurrency broker by Forex Awards.

Libertex company

Libertex is an international, trusted brand with more than 20 years of experience in the financial market and online trading. Each Libertex customer is treated with great care and offers a variety of fast, reliable and innovative technology platforms to choose from.

By leading the customers to an appealing and convincing trading experience, we have built a long-term heritage of superior service for dealers. Libertex serves customers from more than 110 countries.

As one of the international industry leaders, the company has received over 30 prestigious awards worldwide. Its leadership strengthens each year both in the markets where it is present and in the new markets it enters with its innovative products and services.


Lyft Trading at Libertex

3 comments

  1. When a cryptocurrency payment is received, it suggests, the firm should immediately convert it into dollars according to market rates and then credit the clients account using dollar amounts. The firm must advise the client of this process so the client does not expect an increase in the value of the currency to create an additional credit to its account. In addition, the client may have tax.

  2. Uber shares and Lyft papers in rally mode

    However, the shares of the brokerage agents were buoyed earlier this week after the British bank HSBC issued a buy recommendation. The “price is right” at the two companies, Kahn wrote in a note to customers, the MarketWatch is present. Investing in the ailing industry would be worthwhile now. “We think that regulatory concerns are priced in while we continue to see a lot of optional product improvement benefits for Uber and Lyft,” it said.

    Uber and Lyft should focus more on more profitable growth in the future, predicts Kahn. Because the rides have the potential to be “profitable”: “We think Uber and Lyft’s driving business activities can achieve profitability, […]” as does Uber Eats. In order to actually be able to generate profits, both Uber and Lyft would have to reduce sales and marketing costs, estimates Kahn. Instead, both companies would have to focus on using their fixed cost base. “In the area of ​​ride-hailing and food-delivery worldwide, we only see room for two big players and expect further consolidation in both sectors,” continued the HSBC analyst.

  3. Earnings Report Key Findings 31.10.2019

    Although the stock is not rewarded today, there has been much to report on the report as the market has fallen and the recent 20% of LYFT hit its low.

    Strong sales and active driver growth for the quarter point to market share gains, and the improving contribution margin shows better monetization and efficiency.

    The combination of a healthy marketplace for carpooling, successful new offerings (scooters, shared rides) and improved monetization mean that the company is pursuing profitability much faster than expected.

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