Lyft, Inc. - (LYFT) News
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Latest LYFT News From Around the Web
Below are the latest news stories about LYFT INC that investors may wish to consider to help them evaluate LYFT as an investment opportunity.
Lyft, Inc.'s (NASDAQ:LYFT) market cap decline of US$535m may not have as much of an impact on institutional owners after a year of 0.8% returnsKey Insights Significantly high institutional ownership implies Lyft's stock price is sensitive to their trading... |
Here's Why Investors Should Retain LYFT Stock for NowLyft's top line benefits from robust revenues due to healthy gross bookings. However, high costs are a major headwind. |
NYC Is Trying to End Uber, Lyft Driver Lockouts With a Pay Hike(Bloomberg) -- New York City is trying to close a loophole that Uber Technologies Inc. and Lyft Inc. have used to deny drivers millions of dollars in pay with a raft of new measures that would effectively raise their rates by roughly 6.1%. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US T |
Uber Replaces Lyft as Delta SkyMiles PartnerDelta Air Lines customers will be able to earn SkyMiles when ordering an Uber ride to the airport, thanks to a new partnership between the companies starting in the spring. |
Delta Air Lines is ditching Lyft for UberMembers of SkyMiles, the Delta Air Lines (DAL) loyalty program will soon have a new way to earn miles. The company is partnering with Uber to let people build their stockpiles by using the app’s car-hire and delivery services. |
1 Growth Stock Down 80% to Buy Right NowLyft is still growing in Uber's shadow. |
Lyft (LYFT) Stock Moves -0.49%: What You Should KnowIn the latest trading session, Lyft (LYFT) closed at $14.32, marking a -0.49% move from the previous day. |
Uber and Lyft Adapt Robotaxi Strategy to Compete in Tesla and Waymo's SpaceUber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) have bounced back on their robotaxi ambitions, albeit with a twist. The ride-hailing giants restructured their businesses to accommodate competitors who have cracked the code, the Wall Street Journal reports. Under their new strategy, Uber and Lyft will gain a percentage of driverless taxi bookings while taking charge of maintaining the fleet. Also Read: Trump Administration to Challenge Social Media Censorship, Setting Stage for Confl |
Lyft upgraded to Buy with $20 PT by Benchmark teamThe Benchmark Company has taken a positive stance on Lyft (LYFT), upgrading its recommendation to Buy from Hold with a $20 share price target for the rideshare company. The firm sees "significant optionality" ahead for Lyft, highlighting the platform's "domestic focus and lower share". Market Domination hosts Julie Hyman and Josh Lipton break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith |
Uber, Lyft Stocks Are Buys for ‘25, Analysts Say. Don’t Worry About Tesla and Alphabet.Uber Technologies and Lyft stocks were rising Monday after two analysts shared optimistic views about the ride-hailing platforms despite concern about competition with autonomous vehicles. Both Uber and Lyft stocks hit the brakes in 2024. Shares of Uber finished the year down 2%, while Lyft fell 14%, according to Dow Jones Market Data, as investors worried that self-driving cars from companies such as Tesla and Alphabet Waymo will take a chunk out of their market shares or drive down prices. |