Lyft Inc Cls A
NASDAQ: LYFT
$13.47
Closing Price on June 25, 2024
LYFT Articles
A class-action lawsuit was filed against Lyft by a former driver in Washington, D.C., contending that the company is contributing to the spread of COVID-19 by its failure to provide paid time off for...
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Struggling to survive, ride-sharing companies face a potential new threat: Amazon.
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Layoffs in India mark the latest step in Uber's cost-cutting and capital management strategy. But the ride-hailing service also faces legal troubles in California, New York and other states.
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Lyft has been lagging Uber and the S&P index, and a California ballot initiative could be bearish for it and other ride-hailing stocks.
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Analysts like Lyft but it’s battling states over driver classification and the coronavirus has hit ridership hard.
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Investors see this San Francisco-based ride-hailing firm as a good stock to own as the U.S. economy begins to reopen from the lockdowns caused by the COVID-19 pandemic. Will AB5 change that?
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Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
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Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
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Uber has run out of ways to attract riders while the spread of COVID-19 requires safety rules and social distancing. Revenue has collapsed.
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Monday's top analyst upgrades and downgrades included AbbVie, Best Buy, Conagra Brands, Dick's Sporting Goods, General Motors, Hilton Worldwide, NetApp, Nvidia, Redfin, TJX Companies, Vale and Yelp.
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Lyft is playing a defensive game, cutting costs and restructuring, but will be enough to keep the company afloat in these trying economic times?
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Ride-sharing firm Lyft reported a net loss of $1.31 per share and $955.7 million in revenue after markets closed Wednesday. The consensus estimates had called for a net loss of $0.64 per share and...
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Lyft is set to report its first-quarter financial results after the markets close on Wednesday. Analysts on average expect better results that a year ago.
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Uber announced Wednesday that it plans to take more actions to cut costs in regards to the COVID-19 pandemic, including layoffs and executive pay cuts.
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Shifting business models for Lyft and its main rival will be huge going forward. Lyft shares are signaling a recovery, though it still could be a bumpy ride back to normalcy.
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