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home / news releases / HYRE - HyreCar: The Growth Kick Is Still Alive But Take Care To Lock In Gains Soon


HYRE - HyreCar: The Growth Kick Is Still Alive But Take Care To Lock In Gains Soon

  • Shares of HyreCar have nearly tripled year-over-year as more and more customers (and investors) discovered the platform.
  • HyreCar's recent inclusion on the Russell 3000 was a recent non-fundamental catalyst that drove the stock substantially higher.
  • While HyreCar still retains potential, the company's massive gains and the fact that it hasn't yet hit profitability may signal a near-term top.
  • Decelerating growth may also be a concern, though added car supply and dynamic pricing may be deterrents to deceleration.

For further details see:

HyreCar: The Growth Kick Is Still Alive, But Take Care To Lock In Gains Soon
Stock Information

Company Name: HyreCar Inc.
Stock Symbol: HYRE
Market: NASDAQ
Website: hyrecar.com

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