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 ...
NORTH DAKOTA ( KXNET) — For St. Patrick’s Day, Lyft is offering discounted rides from March 14-17, or while they last. To get ...
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 ...
Uber Technologies Inc. and Lyft Inc. risk a dropoff in demand if rideshare prices continue to increase beyond current levels, according to a report released Tuesday. The median price of an Uber ...
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 ...
In January 2023, Ets-Hokin brought his ukulele when he drove for Uber and Lyft part-time in Oakland, California. That year, his average tip amount increased to $1.19 from $1.05 in 2022 ...
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 ...
This week on the GeekWire Podcast, we discuss Microsoft’s quantum breakthrough; a Washington state bill that targets Uber and Lyft surge pricing; the latest update to the GeekWire 200 ranking of ...