Price Crosses Moving Average
|Bid||9.55 x 3000|
|Ask||9.56 x 1300|
|Day's Range||9.26 - 9.65|
|52 Week Range||7.85 - 21.52|
|Beta (5Y Monthly)||1.74|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Uber Technologies, Inc (NYSE: UBER), Lyft, Inc (NASDAQ: LYFT), DoorDash, Inc (NASDAQ: DASH), and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 - 2023. The arrears reflect a provision in Proposition 22 that classifies gig workers as independent contractors rather than employees and promises them halfhearted protections and benefits. Starting in 2021, when Prop 22 hit Californi
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Uber Technologies, Inc (NYSE: UBER) dropped the 5% discounts on eligible rides for its Uber One subscription service. Starting their next billing cycle, subscribers will earn 6% of so-called “Uber Cash” on eligible rides that users can spend on Uber and Uber Eats, TechCrunch cites from an email the ride-hailing company sent out to customers. In 2021, the Uber One subscription for $9.99 per month or $99.99 annually, which offered rides discounts, has been a significant demand driver. Uber One mem
In this article, we will take a look at the 14 best self-driving car stocks to invest in. For more stocks, head on over to 5 Best Self-Driving Car Stocks To Invest In. According to Fortune Business Insights, the autonomous cars market size is expected to increase from $1.63 billion in 2022 to $19.96 billion […]
Gov. Tim Walz on Thursday vetoed a bill that would have mandated higher pay and job security for Lyft and Uber drivers in Minnesota, saying the legislation wasn't ready to become law. “Rideshare drivers deserve fair wages and safe working conditions," Walz said in a statement announcing his first veto ever in his five-plus years as governor. Uber threatened to offer only premium-priced service in the Minneapolis-St. Paul area and cut off service altogether in the rest of Minnesota if Walz signed the legislation.
Investors in fast-growing startup companies must watch cash burn closely
Lyft may be reaching for a higher gear in the driverless race. The company is seeking to patent a method for matching autonomous...
Solid driver supply and strong liquidity aid Lyft (LYFT). However, rising expenses are worrisome.
Key Insights Significantly high institutional ownership implies Lyft's stock price is sensitive to their trading...
Lyft (LYFT) CEO David Risher has said that the rideshare company is 'open' to selling itself, but there's a kicker – there's no obvious acquirer.
LYFT continues to struggle, as evidenced by the 24.2% year-to-date decline in its shares.
We’ve all heard the adage, “Sell in May and Go Away,” but should investors in contemporary times target stocks to sell in the fifth month of the year? According to Corporate Finance Institute, under the original context, the British upper class would sell their securities in May so that they can relax and enjoy the summer months in peace. Although the phrase carries a peculiar heritage, it remains somewhat relevant today. Generally, equities tend to print seasonally weaker performances between M
Lyft tapped a new chief financial officer from financial-services firm Charles Schwab in the ride-hailing company’s latest C-suite shift as it works through layoffs and a weaker-than-expected earnings forecast.
The company said Paul, who has served as Lyft CFO since January 2022, was leaving on May 19, and announced Brewer's expected joining on July 10. Chief Accounting Officer Lisa Blackwood-Kapral will serve as finance chief in the interim. The changes come after Lyft forecast a dull second quarter earlier this month, as price cuts in its race with bigger rival Uber Technologies Inc to add more riders take a toll on margins.
Lyft Inc said on Tuesday Erin Brewer will replace chief financial officer Elaine Paul, who is leaving the ride hailing company months after a new CEO was appointed. The company said Paul, who has served as Lyft CFO since January 2022, was leaving on May 19, and announced Brewer's expected joining on July 10. Chief Accounting Officer Lisa Blackwood-Kapral will serve as finance chief in the interim.
Lyft's new CEO David Risher was Amazon's 37th employee—and he's brought Jeff Bezos's 'customer obsession' theory with him.
While no one invests in the capital markets to lose money, you can suffer the same result if you don’t heed the warnings of stocks to dump fast before they tank your portfolio. True, this topic generates discomfort and usually anger. However, discipline represents a key attribute to lever when faced with volatility. According to ChatGPT, “[c]utting your losses with the stock market is important because it helps to limit your potential losses and preserve your capital.” Specifically, the artifici
Yahoo Finance Video discusses comments made by Lyft CEO David Risher that the ride-sharing company is open to acquisition bids and how the announcement may impact its competitor, Uber. Editor's note: Here's how this was originally reported by Bloomberg: Lyft Inc. isn’t actively pursuing a sale but would be open to offers, Chief Executive Officer David Risher said in an interview on Bloomberg Television, appearing to soften his view from earlier this year about a potential transaction. In response to a question Friday during the interview about whether the company was open to an acquisition, Risher said, “If someone calls, a public company has to be.” The CEO added that while Lyft was “not on the block,” the ride-hailing company would be “open to offers,” though he stopped short of saying it had received interest.
Uber stock has been on fire, rallying more than 50% this year. With the shares now pulling back, here's where to look for support.
‘We want people to say, “I should have taken a Lyft.”’
Lyft's (NASDAQ: LYFT) stock plunged 19% on May 5 after the transportation services provider posted its first-quarter report. Lyft cleared Wall Street's low bar, but its weak growth in active riders and soft guidance for the second quarter sank its stock. Should investors bet on a turnaround for Lyft, which now trades nearly 90% below its IPO price, in the next 12 months?
Lyft Inc (NASDAQ: LYFT) shared plunged 15% during extended trading due to disappointing second-quarter guidance while Uber Technologies Inc (NYSE: UBER) delivered strong quarter results earlier on Tuesday, showing growth and improved profitability. Lyft’s First Quarter Was A Bumpy Ride Revenue rose 14%to $1 billion, topping $981 million that Refinitiv expected, but Lyft’s operations still resulted in anet loss of $187.6 million, or 50 cents a share. With the first reported quarter since getting
Lyft (NASDAQ: LYFT) is cutting costs and making moves to improve profitability as it trails behind bigger rival Uber. Fool.com contributor and finance professor Parkev Tatevosian discusses why Lyft's stock price crash is not a buying opportunity.
Even if cash is king, a business doesn't always have to turn a profit to be a success. In fact, some of the biggest companies in segments like tech and lifestyle have yet to break even. Make Money...