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LYFT / More commutes, summer travel propel Lyft's results and stock

More commutes, summer travel propel Lyft's results and stock
Ride-hailing service Lyft Inc. on Tuesday reported a surprise second-quarter adjusted profit, helped by summer travel and a return to offices, and gave a third-quarter sales forecast that was above expectations. Read More
Posted: Aug 8 2023, 16:19
Author Name: Market Watch
Views: 111468

LYFT News  

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

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 more_horizontal

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

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 more_horizontal

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

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 more_horizontal

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

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. more_horizontal

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

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 more_horizontal

LYFT Stock Alert: This Analyst Is Souring on Lyft

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 more_horizontal

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

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 more_horizontal

Lyft: Sub-Scale Discount

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 more_horizontal


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