Lyft Seen Continuing to Struggle as Analyst Quiet Period Ends

The first few weeks of trading in Lyft Inc.’s stock have not gone well, and that’s unlikely to change any time soon.

Lyft’s share price has dropped nearly 19 percent since debuting late last month, prompting some investors to sue the company, alleging the ride-sharing service provider overstated its market position when it went public. Questions about growth and market share have also swirled thanks to multiple Wall Street analysts covering the stock, a trend that may continue when a host of firms initiate research coverage starting Tuesday.