The company announced last week that it was ending its lock-up period early.
"We and the underwriters may release certain stockholders from the market standoff agreements or lock-up agreements prior to the end of the lock-up period," the company stated in a regulatory filing dated Aug. 13.
"Well, I think that one of the things that needs to happen is for Lyft to not have a lot of sellers. You look at the volume, Katherine, look at the volume," said Cramer. "If the volume doesn't expand Lyft, that's a sign of faith. It's a sign that because the stock went down a lot, the insiders are reluctant to sell. If they're reluctant to sell, then you've got a whole new ball game. In terms of the hangover for a Crowdstrike, a hangover for Pinterest and it's very positive because you keep thinking that the insiders are just going to dump. And Lyft was the worst performer when it came public," said Cramer.
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