Shares of niche carsharing services provider HyreCar (HYRE) experienced a volatile 2019 with the stock briefly eclipsing $8 in March but falling back all the way to the $2 mark last month after revenues dipped sequentially in Q3 and investors started to scrutinize the company's growth trajectory.
That said, in recent weeks the shares have rallied more than 60% from its December lows, most likely in anticipation of improved Q4 numbers which the company indeed managed to deliver on Monday (emphasis added by author):
LOS ANGELES – HyreCar Inc., the carsharing marketplace for