|Cost Of Revenue||549MM||-29%|
Highlights of Management Discussion and Risk Factors in 10-K/10-Q filling
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Gov. Tim Walz on Thursday vetoed a bill that would have mandated higher pay and job security for Lyft and Uber drivers in Minnesota, saying the legislation wasn't ready to become law. “Rideshare drivers deserve fair wages and safe working conditions," Walz said in a statement announcing his first veto ever in his five-plus years as governor. Uber threatened to offer only premium-priced service in the Minneapolis-St. Paul area and cut off service altogether in the rest of Minnesota if Walz sign...
Investors in fast-growing startup companies must watch cash burn closely
Lyft may be reaching for a higher gear in the driverless race. The company is seeking to patent a method for matching autonomous...
Solid driver supply and strong liquidity aid Lyft (LYFT). However, rising expenses are worrisome.
Key Insights Significantly high institutional ownership implies Lyft's stock price is sensitive to their trading...
Lyft (LYFT) CEO David Risher has said that the rideshare company is 'open' to selling itself, but there's a kicker – there's no obvious acquirer.
LYFT continues to struggle, as evidenced by the 24.2% year-to-date decline in its shares.
We’ve all heard the adage, “Sell in May and Go Away,” but should investors in contemporary times target stocks to sell in the fifth month of the year? According to Corporate Finance Institute, under the original context, the British upper class would sell their securities in May so that they can relax and enjoy the summer months in peace. Although the phrase carries a peculiar heritage, it remains somewhat relevant today. Generally, equities tend to print seasonally weaker performances between M
Lyft tapped a new chief financial officer from financial-services firm Charles Schwab in the ride-hailing company’s latest C-suite shift as it works through layoffs and a weaker-than-expected earnings forecast.
The company said Paul, who has served as Lyft CFO since January 2022, was leaving on May 19, and announced Brewer's expected joining on July 10. Chief Accounting Officer Lisa Blackwood-Kapral will serve as finance chief in the interim. The changes come after Lyft forecast a dull second quarter earlier this month, as price cuts in its race with bigger rival Uber Technologies Inc to add more riders take a toll on margins.