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 ...
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 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'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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