Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.
Lyft (LYFT) recently released its earnings report, which left many investors disappointed. The company’s stock dropped about 8% after the announcement. The market reacted negatively to what it ...
Shares of ride sharing service Lyft (NASDAQ: LYFT) fell 14.6% in the pre-market session after the company reported disappointing fourth-quarter results: Its revenue slightly missed, and its EBITDA ...
Lyft reports fourth-quarter revenue of $1.6 billion, beating analyst estimates of $1.56 billion. Lyft guides for first-quarter gross bookings of approximately $4.05 billion to $4.2 billion. Our ...
Lee Sperry, a San Diego ride-hailing driver, has spent the past year pushing for better treatment from Uber and Lyft as a member of the advocacy group San Diego Drivers United. But lately ...
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock. Arete Research ...
Shares in Lyft are tumbling Wednesday, after the ride-hailing company projected first-quarter bookings that lagged estimates as a price war with rival Uber Technologies persists. The ride-hailing ...
Lyft's fourth-quarter results were good enough, but its guidance points to a growth slowdown. The stock looks cheap, and management is poised to take advantage of that situation. Lyft's riders pay ...
How do you get to Boston's Logan Airport? If you want to take an Uber or Lyft, it could soon cost you even more. Massport is considering raising the fee on ride-hailing services to and from the ...
Dank Demoss has proven she can fit inside an SUV amid her lawsuit against Lyft, claiming one of the drivers wouldn’t pick her up because of her weight. On Friday, Demoss shared a collaboration ...
In January 2023, Ets-Hokin brought his ukulele when he drove for Uber and Lyft part-time in Oakland, California. That year, his average tip amount increased to $1.19 from $1.05 in 2022 ...