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In this video, I will cover Lyft's (LYFT -1.70%) latest earnings and explain why the market's reaction is wrong. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Shares of Lyft plunged after the company gave a disappointing outlook for first-quarter gross bookings, warning that cold weather has hurt demand for ride hails and bike rentals. Lyft CEO David Risher sits down with Bloomberg's Jackie Davalos.
Lyft (LYFT) shares are under pressure after the rideshare company posted quarterly results amid pricing pressure from Uber (UBER). Lyft CEO David Risher joins Market Domination with Julie Hyman and Josh Lipton to discuss the earnings results and explain how Lyft is approaching competition with other rideshare companies.
"We've got a great relationship with organized labor," says Lyft CEO David Risher https://trib.al/ExR4biN
Earnings season can be a double-edged sword.
LYFT's fourth-quarter 2024 earnings and revenues improve year over year.
Shares of ride-sharing platform Lyft (LYFT -2.15%) dropped by more than 16% at one point on Wednesday morning after the company reported its fourth-quarter results Tuesday afternoon. Management's guidance for the current quarter has investors concerned about the competitive landscape.
Lyft (LYFT -6.22%) is taking big steps toward getting autonomous vehicles on the road as early as next year with the help of Mobileye's (MBLY -4.01%) technology. The companies are working together to enable individuals and fleet owners to own autonomous vehicles and make money on the Lyft network, which could launch before Tesla (TSLA 3.17%) gets fully autonomous vehicles on the road.
Shares of Lyft Inc LYFT were trading lower on Wednesday, despite the company reporting a fourth-quarter revenue beat.