Lyft Tumbles on Disappointing Outlook; JPM Lowers Price Target
Shares in Lyft are tumbling in premarket trading Wednesday after the ride-hailing company projected first-quarter bookings that lagged estimates amid an ongoing price war with rival Uber Technologies.
Lyft Q4 Earnings Preview: Streak Of Revenue, EPS Beats On The Line After Rival Uber's Strong Fourth Quarter
Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.
Biden’s FTC launched last-minute Uber, Lyft probe over alleged collusion in stiffing NYC drivers
The FTC inquiry was launched on the same day that Lina Khan announced she was stepping down as chair of the agency.
Why Uber and Lyft will no longer be part of this popular NJ Transit program
Rider's Choice, a program that allowed Uber and Lyft to provide some NJ Transit Access Link riders, will be transitioning to ...
Lyft price target lowered to $19 from $20 at Barclays
Barclays analyst Ross Sandler lowered the firm’s price target on Lyft (LYFT) to $19 from $20 and keeps an Equal Weight rating on the shares ...
Lyft's Valuation Discount To Uber Is Excessive
Lyft's Q4 earnings report is crucial. With an expected EPS of $0.22 and revenue of $1.54B, pointing toward an end to its cash ...
NYC proposes pay hike for Uber and Lyft drivers that would curb lockouts
TLC Commissioner David Do on Wednesday called the rideshare companies’ practice of freezing drivers out of the app “harmful, ...
Some Uber, Lyft drivers say pay has declined since new minimum wage enacted
It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...
Lyft says rides have gotten cheaper. Here’s why investors are selling.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...