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The Latest Breaking News from Lyft

Uber Stock Is Rolling Over. Is It a Buy Now?

Uber stock is holding this week's low but is not trading well. Here's the setup.

The Street

These companies are helping employees access abortions

Apple, Amazon and Lyft are among the companies that say they will help employees cover costs.

Axios

Why Institutional Traders Expect This Rideshare Stock To Rebound By Next Week

Shares of LYFT Inc (NASDAQ: LYFT) crashed on Wednesday, even as the company reported better-than-expected first-quarter results. The stock tanked almost 30% on disappointing guidance.

Benzinga

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Lyft plunge wipes off nearly a third of market valuation

Lyft Inc. lost nearly one-third of its market value on Wednesday after the ride-hailing company’s second-quarter outlook and plan to increase spending on driver incentives disappointed Wall Street, highlighting investors’ willingness to dump growth stocks at the first hint of trouble.

Tribune News Service

Dow Jones Jumps As Powell Soothes These Fears; Bill Gates Says Elon Musk Could Make Twitter 'Worse'

The Dow Jones jumped after Fed chair Jerome Powell turned market whisperer. Bill Gates warned Elon Musk could make Twitter worse.

Investors Business Daily

19 Analysts Have This to Say About Lyft

Analysts have provided the following ratings for Lyft (NASDAQ:LYFT) within the last quarter:

Benzinga

Can Uber and Lyft Survive Without Drivers?

The demand for ride-sharing is back, but the drivers aren't.

The Street

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Lyft Analysts React To Q2 Guidance Miss, Heavy Investments In Lagging Driver Recovery

LYFT Inc (NASDAQ: LYFT) shares plummeted 32% on Wednesday after the company issued second-quarter guidance that came up well short of market expectations.

Benzinga

Uber hit with loss in quarter despite rider rebound

San Francisco (AFP) - Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.

AFP

Stock Market Mostly Lower Ahead Of Fed Statement; 2 Stocks Plunge More Than 30%

Stock market indexes traded mostly lower ahead of the Federal Reserve's policy statement this afternoon, while earnings reports sparked some outsize moves.

Investors Business Daily

Benzinga's Top Ratings Upgrades, Downgrades For May 4, 2022

Upgrades

Benzinga

Lyft Stock Drives Off A Cliff Following Q1 Earnings Print: Here's Where To Watch For The Bounce

Lyft, Inc (NASDAQ: LYFT) was trading down over 26% in the premarket on Wednesday after printing its first-quarter earnings after the market close on Tuesday.

Benzinga

Why Lyft Shares Are Slamming The Brakes Today

Lyft Inc (NASDAQ: LYFT) shares are trading lower Wednesday after the company reported financial results and issued guidance below analyst estimates.

Benzinga

Uber Tops Q1 With 136% Revenue Growth Reflecting Recovery Kicking In; Lyft Shares Continues To Bleed On Dismal Outlook

Uber Technologies, Inc (NYSE: UBER) reported first-quarter F

Benzinga

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news in one place.

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The Street

Stock Market Today - 5/4: Dow Surges 930 Points As Powell Plays Down 75 Basis Point Rate Talk Following Fed Hike

Federal Reserve Chairman Jerome Powell, added a dovish caveat to the central bank's biggest rate hike in 22 years,, suggesting that core inflation may have peaked and that a 75 basis point rate hike is not being "actively considered" by policymakers.

The Street

Uber Stock Slumps As Lyft Drags Ride-Sharing Lower On Surging Cost Hit To Profit Outlook

"Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. "Importantly, we expect this trend to continue without significant incremental incentive investments."

The Street

Stocks Higher, Fed In Focus, Starbucks, AMD And Lyft - Five Things You Must Know

Stock futures higher ahead of fed, oil surges on EU Russia export ban; Fed in focus: rate hike path tested by slowing growth, asset price slump; Starbucks shares jump as north American sales offset China slump; AMD shares leap on Q1 earnings beat, bullish chip outlook and Lyft shares collapse…

Benzinga

Lyft Spending Like '1980s Rock Star' But That's A 'Necessary Evil,' Says Analyst

Shares of Lyft, Inc. (NASDAQ: LYFT) lost a fourth of their market value in late trading on Tuesday after the ride-sharing company reported its first-quarter res

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news in one place.

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Benzinga

5 Stocks To Watch For May 4, 2022

Some of the stocks that may grab investor focus today are:

Tribune News Service

Lyft rider growth disappoints as omicron saps demand

Lyft Inc. slumped 26% after it gave a forecast for the current quarter that missed analysts’ estimates as the company plans to ramp up spending on incentives for drivers to address a persistent shortage in supply.

Benzinga

Why Lyft Shares Are Falling After Hours

Lyft Inc (NASDAQ: LYFT) shares are trading lower in Tuesday's after-hours session after the company reported first-quarter financial results.

Benzinga

Recap: Lyft Q1 Earnings

Lyft (NASDAQ:LYFT) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Lyft beat estimated earnings by 200.0%, reporting an EPS of $0.07 versus an estimate of $-0.07.

Benzinga

What's Going On With Lyft Shares Today?

LYFT Inc (NASDAQ: LYFT) shares are trading lower by 0.92% at $31.21. Traders and investors are watching for the company’s first-quarter earnings report, which is confirmed for Tuesday’s after-hours session.

Tribune News Service

How US companies are supporting workers on abortion

The bombshell leak of a Supreme Court draft ruling overturning the right to abortion has put the issue to the forefront of the coming U.S. election battle, and will likely reverberate around boardrooms across the nation as well.

Benzinga

Looking Into Lyft's Recent Short Interest

Lyft's (NASDAQ:LYFT) short percent of float has risen 5.64% since its last report. The company recently reported that it has 24.86 million shares sold short, which is 8.43% of all regular shares that are available for trading.

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