Shares of ride hailing companies Lyft and Uber were heading higher in Monday’s trading session as both stocks bounced after falling this past Friday. It was on Friday that Wall Street learned that Alameda County Superior Court Judge Frank Roesch wrote in a ruling that Proposition 22 is unconstitutional. According to Roesch, the Proposition, “limits … Continue reading “Lyft and Uber Shares Move Higher After Court Said This”
Tag: Lyft
Hot Stocks
Lyft Revenue Skyrockets Compared to Last Year
It may come as no surprise that with the nation returning to ordering car rides,…
August 3, 2021
Hot Stocks
This is Why Uber and Lyft Drivers Are Not Going Back to Work
After a long year of battling the coronavirus pandemic, ride hailing companies are coming back…
July 5, 2021
Featured
Lyft Sees Revenue Explode 7% in Last Quarter Showing Signs of COVID Recovery
With a revenue growth of 7% in the last quarter, ride hailing giant Lyft is…
May 4, 2021
Lyft is Selling off its Self Driving Unit to Toyota Subsidiary for $550M
Ride hailing giant Lyft announced this week that it would be selling off its Level…
April 27, 2021
Hot Stocks
Lyft Co-founder Says Company is like a ‘Coiled Spring’
Despite Lyft missing on the active rider metric for the fourth quarter, the company's co-founder…
February 11, 2021
Company News
Uber and Lyft are Hoping California Passes Proposition 22
If Proposition 22 is passed in the state of California, it would mean that both…
November 3, 2020
Featured
Lyft Reverses Decision to Stop Operating in California
Many Lyft drivers in California were saddened to learn on Thursday that the company said…
August 21, 2020
Uber May Be Temporarily Shutting Down in California
According to an interview this week with Uber's CEO Dara Khosrowshahi, the ride hailing company…
August 12, 2020
Lyft is Installing Coronavirus Sneeze Guards in Some Cars
With the COVID-19 pandemic, many have been avoiding taking ride hailing services such as Lyft.…
July 21, 2020
Lyft Teams Up With Chase to Offer Credit Card Ride-hailing Rewards
In a partnership with JPMorgan Chase & Co., Lyft will be offering extended rewards to…
January 9, 2020
Shares of Rental Car Service Companies Fell After Lyft Made This Announcement
Ride hailing company Lyft made a big announcement this week that caused shares of car…
December 14, 2019
Hot Stocks
Lyft Debuts in the Market and Sees Modest Gains
Shares of ride hailing company Lyft made their trading debut on Friday and closed up…
March 30, 2019
Hot Stocks
Analyst Says Lyft’s IPO Could Be Similar to Snap’s
While many are eagerly awaiting Lyft to start trading in the market on March 29th,…
March 22, 2019