HYRE - HyreCar: There's Still Hope Here

• Sinking nearly 80% year to date, shares of HyreCar are currently at risk of dropping below the $1 mark.
• Investors have criticized HyreCar’s red ink, largely a function of heightened insurance costs which are eating into gross margins.
• Still, the supply/demand outlook for HyreCar’s on-demand platform is favorable, as are unit economics for HyreCar’s renters.
• With such a tiny market cap, HyreCar works well as a high-risk, high-reward play.

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