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The Latest Breaking News from Lyft

Ford-backed Argo AI launches driverless car testing

Argo AI, a robotaxi startup that has the backing of Ford Motor Co. and Volkswagen AG, said Tuesday it's launching driverless test rides in Miami and Austin, Texas.

Tribune News Service

Looking At Lyft's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Lyft driver celebrated for refusal to take passengers over racist comment

Driver also filed police complaint after passengers threatened to assault him

The Independent UK

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‘Wow, you’re a white guy.’ Lyft driver boots couple over racist remarks, PA video shows

A Lyft driver in Pennsylvania said he refused to drive a “racist” bar-owner and her boyfriend — and now a video showing the interaction has amassed millions of views.

Tribune News Service

One Year Since Uber's IPO: A Look At The Stock's Bumpy Ride

Most investors who owned stocks in the past year have lost money. the SPDR S&P 500 SPY (NYSE: SPY) total return in that time is roughly -4.8%. But there’s no question some big-name stocks have done much better than others in that stretch.

Benzinga

Is Lyft a Buy at $20?

The shares of leading transportation network company Lyft (LYFT) have been foundering of late as the company increases its spending on driver incentives. However, with rising demand for ridesharing services as people resume working from their companies’ offices, will the stock rebound soon? Read more to learn how we see…

StockNews.com

Killing of 15-year-old tests a justice system strained by more arrests, fewer resources

The murder of Michael Brown has once again confronted Chicago with kids killing kids, and the problem of meting out justice to juveniles while keeping the streets safe.

Chicago Sun-Times

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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

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

19 Analysts Have This to Say About Lyft

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

Benzinga

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

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

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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

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

Benzinga

5 Stocks To Watch For May 4, 2022

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

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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.

Benzinga

Earnings Scheduled For May 3, 2022

Companies Reporting Before The Bell • Kiniksa Pharmaceuticals (NASDAQ:KNSA) is projected to report earnings for its first quarter.

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