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LYFT - Lyft Inc
$13.17
-0.31(-2.30%)8:00:00 PM 9/30/2022
Lyft, Inc. develops, markets, and operates a mobile app, offering vehicles for hire, motorized scooters, a bicycle-sharing system, and food delivery. The company is based in San Francisco, California and operates in 644 cities in the United States and 12 cities in Canada. With a 30% market share, Lyft is the second-largest ridesharing company in the United States after Uber.
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    09/30/2022LYFT
    Pittsburgh's Argo AI begins offering autonomous vehicle rides to Lyft customers in Austin, Texas

    Austin marks the second city after Miami where consumers are able to experience an AV on their own that's powered by Argo's tech and offered on Lyft's network.

    09/30/2022LYFT
    Should You Sell Lyft (LYFT)?

    Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter, its Investor Class fund ARTMX returned -22.47%, Advisor Class fund APDMX posted a return of -22.43%, and Institutional Class fund APHMX returned -22.40%, compared to a […]

    09/28/2022LYFT
    Which San Francisco ride-hailing giant is curbing hiring more: Lyft or Uber?

    Both San Francisco-based ride-hailing giants have now hit the brakes on hiring plans, with Lyft's announcement of a full hiring freeze for the rest of 2022 surpassing Uber's move to trim hiring four months ago. “Like many other companies navigating an uncertain economy, we are pausing hiring for all U.S.-based roles through the end of the year," a spokesperson for Lyft (Nasdaq: LYFT) told me in a statement on Wednesday. The news comes amid a larger economic downturn that has sent the San Franc...

    09/28/2022LYFT
    Lyft (LYFT) to Stop Recruiting Employees Through Year-End

    Lyft (LYFT) started informing aspirants about the decision to freeze job enrollment.

    09/28/2022LYFT
    'Stay away': Lyft workers worry that layoffs will follow hiring freeze

    A hiring freeze through the end of the year at Lyft is making current and prospective employees wonder about their future at their company.

    09/28/2022LYFT
    Lyft Is Freezing U.S. Hiring. What It Means for the Stock.

    Lyft shares were gaining ground Wednesday morning following news that the company is joining a wave of companies that are freezing hiring in the U.S. “Like many other companies navigating an uncertain economy, we are pausing hiring for all U.S.-based roles through the end of the year,” Lyft spokesperson Ashley Adams said in an emailed statement. Lyft stock was up 1.7% to $14.40 in mid morning, while the Nasdaq Composite was 0.7% higher.

    09/28/2022LYFT
    Lyft freezes hiring in the U.S. amid economic slowdown

    Yahoo Finance Live anchors discuss ride share giant Lyft freezing its hiring in the U.S. amid economic uncertainty.

    09/28/2022LYFT
    Lyft Is Braced For More Tougher Stance As Slowdown Concerns Weigh

    Lyft, Inc (NASDAQ: LYFT) froze hiring in the U.S. through the end of the year. Lyft, which cut 60 jobs in its rental division in July, combated surging expenses as U.S. inflation reached record highs, Reuters reports. The number of Lyft's full-time employees increased from 2,708 as of December 31, 2017, to 5,000 as of June 30, 2022, a regulatory filing shows. Lyft said its costs jumped 35.6% in its most recent quarter. Several tech companies slashed headcount in recent months. Lyft's larger riva

    09/28/2022LYFT
    Lyft to freeze hiring through end of the year

    Ride-hailing giant Lyft Inc. is freezing hiring through the end of 2022, the company confirmed Tuesday.