Lyft (NASDAQ: LYFT) stock has decreased from approximately $24 to $20 over the last month, representing a decline of about 16%. This downturn reflects a mix of company-specific issues along with a ...
Brian Lehman discusses how New York City’s Local Law 52 may raise a First Amendment issue by weakening the marketplace ...
The biggest risk isn't new -- and it isn't going away. Lyft is much smaller than Uber Technologies, and that gap creates real challenges. Uber controls a far larger rider volume, a more extensive ...
Lyft is introducing a feature that lets teenagers to use the rideshare app and addresses obstacles keeping Gen Alpha from getting out into the real world. The Lyft Teen feature launched on Monday and ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Lyft is down. The ride-hailing company's stock dipped 16% in after-hours trading on Tuesday after it ...
Consumer Reports found Uber and Lyft use algorithmic pricing to give different consumers very different prices for the same ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Uber and Lyft recently announced they raked in record profits and brought thousands more drivers onto ...
Shares of Lyft Inc. fell by the most in a year after the rideshare firm issued a disappointing forecast that missed Wall Street expectations, a sign that its global expansion and new product offerings ...
Uber and Lyft are preparing to deploy robotaxis this year in select U.S. cities. New app features will allow users to use phones to open the trunk and honk to locate the vehicle. The companies are ...
Lyft users nationwide reported outages Wednesday, with over thousands of complaints. Many said the app wouldn't let them enter pickup or destination addresses.
A big problem with Lyft in the past is that while it was a popular ride-sharing option, its business wasn't profitable. But in its last three quarters, the company's bottom line has been firmly in the ...