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The Latest Breaking News from Lyft

Stocks to Avoid: 3 Popular Companies That Recently Initiated Cost-Cutting Measures

Technology stocks have suffered a massive sell-off this year on investor concerns about the Federal Reserve's aggressive interest rate increases to fight record-high inflation, ongoing geopolitical crises, and a potential economic slowdown. Several hard-hit tech companies have initiated cost-cutting measures of late. Thus, it could be wise to now avoid…

StockNews.com

Lyft Pauses Hiring, Budgets To Beat Slowdown Following Uber's Footsteps

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…

Benzinga

Benzinga's Brief On Trending Tickers: Lyft, Toll Brothers, Dick's Sporting Goods And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

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What 15 Analyst Ratings Have To Say About Lyft

Over the past 3 months, 15 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Irish tourist warning: Common holiday taxi scam that ‘hikes up’ the price of travel

The travel money specialists FairFx has warned Irish tourists of common holiday scams and how to avoid them

Irish Mirror

Peering Into Lyft's Recent Short Interest

Lyft's (NASDAQ:LYFT) short percent of float has risen 7.94% since its last report. The company recently reported that it has 26.44 million shares sold short, which is 8.97% of all regular shares that are available for trading.

Benzinga

Texas Republicans look to bar companies that support women getting out-of-state abortions

Major companies, like Amazon, Tesla and Apple, who have pledged to support employees have hubs throughout the state

The Independent UK

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Texas wants to punish companies that help employees access abortion

If 'Roe' falls, a group of Republican lawmakers have bills ready to take their health care hostility even further.

Mic

Texas GOP targets pro-abortion companies

14 GOP lawmakers warned Lyft that they’d seek to ban companies that pay for abortions from doing business in Texas

Salon

Michael Hiltzik: Why don't regulators stop Elon Musk from breaking the law?

In his takeover adventure with Twitter, it seems more likely than not that Elon Musk has broken the law.

Los Angeles Times

‘We need to take care of ourselves’: Ride-share, delivery drivers learn about wellness, self-care as stress of the job increases

CHICAGO -- On a Friday afternoon in the summer of 2019, Chicago resident and ride-share driver Teddi Burgess picked up a couple of passengers from Portillo’s in River North.

Chicago Tribune

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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Tribune News Service

‘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.

Benzinga

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.

StockNews.com

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…

Chicago Sun-Times

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.

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Axios

These companies are helping employees access abortions

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

Benzinga

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.

Tribune News Service

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.

Benzinga

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.

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