Busta Capital

Busta Capital

Lyft-Off?

A $1B buyback, SP600 Inclusion and a few more tailwinds....

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Busta Capital
May 11, 2026
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I was going over some earnings reports over the weekend and a few in particular caught my attention and LYFT 0.00%↑ was one of them. This is not an industry/business I would normally be interested in but it is in the later part of a turn-around that started back in 2023 with CEO David Risher.

He took over when it was about $9/share and the stock is doubled from there, made it’s way back down to those lows, doubled again and did it again before falling from $25s back down to $12s here in mid 2026.

There are a few key things that I think can drive this higher into and through the Summer months so let’s crack this open.

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