RBC Capital Markets Analyst Brad Erickson joins Yahoo Finance Live anchors to discuss the road ahead for Lyft and Uber, downgrading Lyft amid longer wait times, driver supply, consumer spending, risin

Lyft stock dives following analyst downgrade

04:59pm, Friday, 07'th Oct 2022
Yahoo Finance Live anchors Rachelle Akuffo, Seana Smith and Dave Briggs look at Lyft's shares following a stock downgrade citing comparisons to Uber's superior driver count.
Lyft Inc.'s competitive risk from Uber Technologies Inc. “may be more structural than originally thought,” according to RBC Capital Markets.

Another Analyst Picks Uber Over Lyft

09:32am, Friday, 07'th Oct 2022
RBC today downgraded LYFT Inc (NYSE:LYFT) to "sector perform" from "outperform", while cutting its price target nearly in half from $30 to $16.
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They're in the same business, but Lyft simply lacks -- and needs -- the scale Uber enjoys.
Ranjan Roy, Margins editor, joins 'TechCheck' to discuss the coming judgment day for cash bleeders like Uber and DoorDash, what will happen to stocks in the next quarter and more. For access to live a

7 Stocks to Sell in October

12:44pm, Friday, 30'th Sep 2022
Stocks to sell is a necessary discussion. Although it may feel good to remain loyal to an organization in the hopes of a substantial turnaround, it's time to let go of some of the weaker entities.
Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT) shares are trading lower by 7.11% to $26.04 and 9.00% to $13.20, respectively, during Thursday's trading session.
Ride-hailing giant Lyft and autonomous vehicle technology company Argo AI are now officially offering public robotaxi service in Austin, Texas. This is the second city in which Lyft and Argo are opera

Lyft freezing US hiring for remainder of year

07:34pm, Wednesday, 28'th Sep 2022
Lyft is halting its hiring in the United States for the remainder of the year, according to a statement Wednesday from a spokesperson of the ride-share company.
Lyft (LYFT) started informing aspirants about the decision to freeze job enrollment.
Lyft has been canceling job interviews this week and is reportedly on a hiring freeze in the U.S., according to anonymous professional network Blind. The freeze affects all departments in the U.S. and
Lyft Inc.'s (NASDAQ: LYFT) U.S. hiring freeze has analysts anticipating what the impact could be on the e-hailing industry.
Yahoo Finance Live anchors discuss ride share giant Lyft freezing its hiring in the U.S. amid economic uncertainty.
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