LYFT Inc (NASDAQ:LYFT) shares are trading lower by 3.8% to $9.68 Friday afternoon. The stock has been volatile after the company this week reported second-quarter earnings.

What Happened?

Lyft reported strong second-quarter results, with adjusted EPS of $0.24, beating estimates. Revenue reached $1.44 billion, a 41% increase year-over-year. Gross bookings rose 17% to $4 billion, and active riders hit an all-time high of 23.7 million.

Lyft generated $256.4 million in free cash flow, a significant improvement from the previous year. The company also launched a price lock feature for users. For the third-quarter, Lyft projects gross bookings of $4.0-$4.1 billion and adjusted EBITDA of $90-$95 million.

Despite a decrease in prime time bookings, Lyft expects positive free cash flow for the full year.

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How To Buy LYFT Stock

By now you're likely curious about how to participate in the market for Lyft – be it to purchase shares, or even attempt to bet against the company.

In the the case of Lyft, which is trading at $9.66 as of publishing time, $100 would buy you 10.35 shares of stock.

According to data from Benzinga Pro, LYFT has a 52-week high of $20.82 and a 52-week low of $8.85.