Though 14 of its stocks fell, a stellar week from big names like Renesas Electronics, NVIDIA, Tesla Motors, Mobileye and Volvo led the D20 Stock Index to a gain for the eighth straight week in a row.
The D20 outgained the S&P 500, which lost 0.3 percent, but couldn’t quite match the Dow, which rose 0.3 percent and closed at 21271.97.
The D20 is up 22 percent since January 1, while the Dow is up only 7 percent and the S&P 500 has risen 8 percent.
Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.
Lyft not only received $25 million in recent funding from Jaguar Land Rover as a part of a very large $600-million investment round, but it also received a fleet of Jaguar and Land Rover vehicles as part of the deal. Lyft is seemingly capitalizing on competitor Uber’s very public missteps.