Lyft Stock News

Drivers on the Lyft platform now have access to a host of new features including Lyft Direct Savings, Balance Protection, enhanced cashback rewards, and more SAN FRANCISCO and TORONTO , Aug. 27, 2024 /PRNewswire/ - Lyft, Inc. (NASDAQ: LYFT), one of the largest transportation networks in North America, and Payfare Inc. (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA")...

The old investing adage that you can't beat the market so just buy index funds misses the point.

For the second quarter in a row, more hedge funds cut their positions in Nvidia than increased them. Professional investors seem to think Nvidia's potential for further gains is limited.

Lyft is down sharply from its IPO price, but the business is showing signs of improvement. David Tepper and Ken Griffin both bought the stock in the second quarter.

I remain buy-rated on Lyft after the stock dropped 17% on soft guidance for 3Q24 and simultaneously achieved its first quarter of GAAP profitability. While I recognize that the Primetime decline is a near-term headwind, I think it'll work in Lyft's favor later on by increasing rider retention due to the consistency in pricing. Lyft's new Price Lock initiative, which works to counteract Primetim...

Many growth stocks have posted stellar figures in recent quarters and rallied significantly of late. However, the party seems to be over for many such companies.

DraftKings can help Investors profit off the growing $45 billion online sports betting market. This ride-sharing company has made significant improvements, but the stock is still in the gutter.

CEO David Risher is upbeat on Lyft's partnerships, initiatives for women riders, and what he learned from Jeff Bezos.