Shares of Lyft are moving higher after the company’s CEO John Risher disclosed the purchase of 100,000 shares at an average price of $11.46. Risher now owns 12,375,185 shares. Lyft director Dave Stephenson also disclosed an insider buy, acquiring 8,826 shares at an average price of $11.33. The director now owns 39,941 shares. Lyft in morning trading is up 5% to $12.22.
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