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 ...
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 ...
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 ...
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 ...
At the same time, Uber drivers worked 0.8% more hours in 2024. Lyft drivers, meanwhile, worked 5.4% fewer hours in 2024, but saw their pay decline at a faster clip of 13.9% to $318 a week.
Elvert Barnes photo via Creative Commons. After a big sporting event or arena concert, fans flood city streets in search of a Lyft or Uber ride. To help meet demand, ride-hailing companies tack on ...
Fortunately, as the popularity of ride-hailing apps like Uber and Lyft has skyrocketed over the last decade, many credit card issuers have met cardholders with additional rewards for these ...
Like Queen Elizabeth, she loves horses and a great tiara moment. Meghan Markle's refreshed lifestyle brand has a logo with a meaningful symbol. On Feb. 18, the Duchess of Sussex announced that she ...
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