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Owl Creek Asset Management bought $54.76 million of Lyft shares, becoming its third-largest holder.
Investment firm Owl Creek Asset Management disclosed on November 14, 2025, that it acquired 2.49 million shares of Lyft, worth $54.76 million, making it the company’s third-largest holding and marking its first reported stake.
The purchase, representing 1.74% of Owl Creek’s managed assets, coincides with Lyft’s strong 2025 performance, including a 29.1% stock gain and $6.27 billion in trailing revenue.
As of November 14, Lyft had a $9.24 billion market cap and a 35.24% gross margin, with shares trading at $19.78 by November 21.
The move signals growing institutional interest despite ongoing industry concerns about autonomous vehicle disruption.
Owl Creek Asset Management compró $54.76 millones de acciones de Lyft, convirtiéndose en su tercer mayor tenedor.