In the latest trading session, Lyft (LYFT) closed at $12.90, marking a -1.15% move from the previous day. This move lagged the S&P 500's daily loss of 0.43%. Meanwhile, the Dow lost 0.07%, and the ...
Blend and extend” agreement allows the ride sharing company to lose 165,000 square feet on the sublease market.
Uber still has a bright future, and its stock still looks cheap at 15 times next year's adjusted EBITDA. However, its ...
Lyft sued San Francisco on Dec. 20, alleging that the city owes the company about $100 million in tax refund payments from ...
Jack Welch, the longtime CEO of General Electric in the late 20th century, preferred to target the No. 1 and No. 2 companies ...
In a lawsuit, Lyft accused San Francisco of improperly calculating the company's taxes by including driver compensation in ...
Lyft is suing the city of San Francisco, claiming the city unfairly charged the rideshare company over $100 million in taxes.
We recently compiled a list of the 10 Best TaaS Stocks to Invest in According to Hedge Funds. In this article, we are going ...
Lyft considers drivers as customers and not employees, the company said in a state court complaint.
LYFT Inc (LYFT) stock saw a decline, ending the day at $13.31 which represents a decrease of $-0.46 or -3.34% from the prior close of $13.77. The stock opened at $13.71 and touched a low of $13.16 ...
Lyft renewed for 170,000 square feet of space at its San Francisco headquarters, completing a rightsizing it began during the pandemic.
Unfortunately, Lyft lacks the critical mass and scale to consistently generate cash flow and earn attractive returns on capital. As a pure ride-hailing company, Lyft lacks the diversification of Uber.