Lyft CEO David Risher Makes $100,000 Insider Stock Purchase
1. CEO David Risher purchased 5,926 shares for about $100,000. 2. Risher's total holdings now exceed 11.7 million shares worth $224.6 million. 3. Lyft stock climbed 12% since Risher's share purchase on Sept. 3. 4. Previous earnings report underperformed, impacting investor sentiment negatively. 5. Lyft is expanding into self-driving cars, competing directly with Uber.