Subscribe To

Price Alert Latest News Economic Calendar News

LYFT / Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber

Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts and a post-pandemic rebound in ride-sharing demand to cushion the impact of a price war with bigger rival Uber. Read More

Demo Live Account See Partner Details

Content Topics

LYFT

Forecasts

Strong

Earnings

Banks

Competitive

Pricing

Stock

Posted: Aug 8 2023, 16:12

Author Name: Reuters

LYFT News

By TechCrunch
November 2, 2023

Uber and Lyft pay $328M to settle wage-theft complaints in New York

Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state at

By TechXplore
November 2, 2023

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid

By The Guardian
November 2, 2023

Uber and Lyft to pay out $328m to New York ride-share drivers

Drivers celebrate ‘historic victory' as companies agree to settlement after being accused of withholding wages and benefits

By Forbes
November 2, 2023

Uber And Lyft Agree To Pay New York Drivers $328 Million After Wage-Theft Allegations

Uber and Lyft drivers in New York will now be guaranteed paid sick leave under the settlement.

By CNBC
November 2, 2023

Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state

In addition to a financial settlement, Uber and Lyft agreed to ongoing changes in how they pay drivers and offer benefits in New York state

By InvestorPlace
October 31, 2023

LYFT Stock Alert: This Analyst Is Souring on Lyft

Lyft (NASDAQ: LYFT ) stock is on the move Tuesday as investors react to a new rating for the ride-sharing company's shares. MoffettNathanson analyst M

By Market Watch
October 31, 2023

Lyft could soon give investors more transparency. That may not be a good thing.

Nearly four years ago, Lyft Inc. stopped reporting certain metrics like gross bookings and rides — a move that MoffettNathanson analyst Michael Mort

By Seeking Alpha
October 23, 2023

Lyft: Sub-Scale Discount

An improved balance between supply and demand on Lyft's platform, along with operating cost control, has reduced some of Lyft's issues. The company st

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.