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The ridesharing pioneers compete for drivers and riders in the U.S. market.
David Risher, Lyft CEO and director, made his first stock purchase since May.
Ride-hailing app Lyft and autonomous vehicle startup May Mobility will launch a pilot robotaxi service in Atlanta starting from Wednesday, the companies said, marking the partnership's first public deployment.
Lyft, Inc. (NASDAQ:LYFT ) Goldman Sachs Communacopia + Technology Conference 2025 September 9, 2025 4:45 PM EDT Company Participants Erin Brewer - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Group, Inc., Research Division Presentation Eric Sheridan MD & US Internet Analyst Okay. So in the interest of time, I think we're going to get started.
Shares of Lyft (LYFT 6.30%) were moving higher last month after the No. 2 ride-sharing company delivered a solid second-quarter earnings report and benefited from increased expectations that interest rates would soon go down.
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SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $450 million aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Lyft also expects to grant the initial purchasers.
Lyft's focused strategy, stronger stock performance, and more attractive valuation put it ahead of Uber for now.
Lyft (LYFT 0.41%) offers riders the convenience of transportation without the hassle of car ownership.