HYRE - HyreCar: The Marketplace Stock To Lean On
- HyreCar has continued an impressive bull run after the company is flashing positive fundamental signals.
- Amid the pandemic, HyreCar was able to grow revenue by 42% y/y in the fourth quarter, while also making progress toward its breakeven target.
- The company says that marketing automation and driver data improvements have led to a substantial reduction in the company's cost per rental.
- The increase of car supply from a recent agreement with AmeriDrive positions HyreCar well for growth once the U.S. economy opens more broadly this summer.
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HyreCar: The Marketplace Stock To Lean On