LYFT Stock Recent News

Shares of Lyft (LYFT 27.96%) are surging on Friday. The ride-sharing company's stock gained 27.4% as of 3:25 p.m.

Live Updates Live Coverage Updates appear automatically as they are published. BofA: Buy the Rumor, Sell the News 1:50 pm by Gerelyn Terzo Bank of America has published a report urging investors to buy the trade deal anticipation but sell the news. BofA Chief Investment Strategist Michael Hartnett warned that the trade deal details could revert back to Liberation Day levels, writing, “Oversold equities have correctly front-run Q2 trade deals/lower tariffs. We expect ‘buy the expectation, sell the fact,’ stocks fade into the trade deals.” The White House is expected to meet with China officials on potentially reaching a trade agreement over the weekend. Stocks remain under pressure as the markets err on the side of caution. Trade Deal Uncertainty 12:11 pm by Gerelyn Terzo China’s commerce minister has come out swinging against the White House, saying the nation strongly opposes what he described as “U.S. abuse” of reciprocal tariffs. Earlier today, Pres

Live Updates Live Coverage Updates appear automatically as they are published. Buy the Rumor 1:41 pm by Gerelyn Terzo Bank of America has issued a report advising investors to buy the trade deal anticipation but sell the news. BofA Chief Investment Strategist Michael Hartnett wrote, “Oversold equities have correctly front-run Q2 trade deals/lower tariffs. We expect ‘buy the expectation, sell the fact,’ stocks fade into the trade deals.” The White House is expected to meet with China officials on potentially reaching a trade agreement over the weekend. Stocks remain lower out of caution. Markets Hold Back 12:09 pm by Gerelyn Terzo China’s government officials have come out swinging against the White House, saying they strongly opposes what they described as “U.S. abuse” of reciprocal tariffs. Earlier today, President Trump revealed that he was willing to reduce tariffs on China imports to 80% from a triple-digit percentage level. Washington, D.C. and Be

Lyft CEO David Risher discusses the ride-hailing company's growing bookings and how Lyft is investing in new markets. Risher joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.

Lyft LYFT stock was trading higher on Friday after the company reported better-than-expected first-quarter results and announced a $750 million share buyback plan on Thursday.

Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir On this episode of Stock Movers: • Lyft (LYFT) shares surged on results that were released after the bell on Thursday.

Shares of ride-hailing giant Lyft are rising as high as 20% Friday morning after the company narrowly missed earnings estimates ($1.45 billion vs. forecasts of $1.47 billion) and posted a profit of $0.01 per share (a loss of $0.68 per share was forecasted).

Even amid uncertainty, Lyft's CEO says the company isn't seeing "anything to worry about."

Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first quarter that topped Street estimates on most fronts.    But factors beyond the numbers are contributing to the rise in LYFT shares.

Lyft Inc (NASDAQ:LYFT) stock is up 19.5% to trade at $15.54 at last glance, after the ride-sharing company increased its share buyback program to $750 million.