Lyft's New CEO Implements Bold Strategy to Compete with Uber
2 May 2023
3450
Lyft unveils restructuring strategy Lyft, the ride-hailing service, has been struggling with mounting losses and a sagging stock price, prompting its co-founder Logan Green to step down as CEO. In his place, David ...
Lyft shares up 12% after report
3 November 2021
3586
Reasons for the stock rise Lyft's shares rose sharply on Tuesday after a 73 percent quarterly revenue increase. Lyft welcomed investors with news of the return of a director to the company's business and drivers. This allowed for continued growth du...
Lyft shares up
11 February 2021
3143
Lyft earnings and forecasts Lyft shares rose sharply after posting better-than-expected fourth-quarter results, although the number of active users of the taxi service is still down&nb...
Lyft announces restoration of taxi rides
11 November 2020
2859
Lyft's expectations by the end of 2021 Lyft (LYFT) shares, which had fallen 16.2 per cent since the beginning of the year but jumped 37.4 per cent over the last week, rose 5.8 per cent after closing trading on Tuesday amid investors' reaction to the...
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