Lyft Stock News

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 Securit...

California lawmakers struck a deal with Uber and Lyft that will allow app-based drivers to form unions.

Lyft (LYFT 0.41%) offers riders the convenience of transportation without the hassle of car ownership.

Lyft (LYFT 7.59%) has spent most of its public life in the shadow of Uber Technologies, fighting to prove that a smaller, more focused ride-hailing player can still win. Over the past year, the company has impressed Wall Street by stabilizing its business, improving cash flow, and showing it can operate profitably.

Is your portfolio getting thinned out by all the profit-taking that tends to materialize when the market reaches record highs? That's OK.

Lyft (LYFT -2.90%), the second-largest ride-hailing company in America, hasn't impressed many investors since its public debut six years ago. It went public at $72, but it now trades at around $15.

The name Uber (UBER 1.

A recent single-day stock gain of over 8%, coupled with a noticeable spike in bullish options activity, may be signaling more than just a simple market rally.