Shares of Uber Technologies Inc. and the ride-hailing giant’s smaller rival, Lyft Inc., have sprinted higher this year. But analysts on Friday suggested there might not be much…
Read more Uber and Lyft shares rallied in 2023 but may not go much higher, analysts sayU.S. stocks recovered some ground on Friday, after four days of losses, as shares of regional banks rebounded and the main indexes received a boost from a strong…
Read more Dow gains 450 points as U.S. stocks recover after 4 days of lossesLyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analysts’ estimates weighed on the company’s stock. Lyft shares LYFT…
Read more Lyft stock sinks as forecast falls short of estimates, while new CEO takes aim at UberLyft Inc.’s incoming Chief Executive David Risher looks at the ride-hailing company’s competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he…
Read more New Lyft CEO: ‘I don’t think of this as just an Uber battle. It’s a battle against staying at home.’Lyft Inc. is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a day-to-day basis, sending shares more than 3% higher…
Read more Lyft brings in new CEO, pushing co-founders from helm after stock’s plungeInvestors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober…
Read more Investors may be whistling past the graveyard of a recession with latest rally in stocks
