Lyft U.S. Business News 

Lyft Conceals Key Data to ‘Avoid Investor Confusion’ as Stock Withers

By CCN: Lyft’s first earnings report was downright ugly, and not just because the company lost $1 billion in a single quarter. Investors expected a less-than-stellar balance sheet, but it was the backhanded slap in the face a company executive delivered to investors that leaves questions about the rideshare darling’s transparency. Hey Investors, Lyft Knows What’s Best for You! Lyft’s earnings didn’t inspire much confidence in the company’s stock price. | Source: Yahoo Finance When asked about why gross booking trends weren’t included in the earnings press release, Lyft CEO…

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Lyft U.S. Business News U.S. Market News Uber waymo 

Why a $100 Billion Valuation Is an Absolute Pipe Dream

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: Uber revolutionized cross-town transportation, but that’s not going to help the company make any money. That’s one shocking revelation from the Uber IPO filing, which makes the rideshare…

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josh brown Lyft U.S. Business News 

Lyft Stock Surges 20% after IPO

By CCN.com: Lyft is now a publicly traded company, and retail investors are clamoring for a slice. Shares roared at the open to $87, considerably higher than the $72 sale price. This 20% bump is an impressive showing, but is it enough to make Lyft a strong buy? Retail Investors Pile into Lyft after Friday IPO Lyft stock surged as much as 20% following Friday’s IPO. | Source: Google Finance Already, the stock has given up 8% of these gains and is threatening a break below $80. One analyst believes…

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