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Lyft CEO buys up over $1 million in stock, calling it ‘the best investment I could make’

Early in his stint leading Lyft Inc., the the ride-hailing company’s chief executive, David Risher, is letting his wallet do the talking.

Risher, who took over as CEO in April, scooped up 100,000 shares of Lyft LYFT at an average price of $11.463 Friday, according to a recent filing. He paid $1.15 million for the shares.

While members of…

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