Lyft, Inc. Stock News

Lyft, Inc. (LYFT) with the stream of -4.76% also noticed, India Amcor plc (AMCR) encountered a rapid change of -1.03% in the last hour of trading session. Lyft, Inc. (NASDAQ:LYFT) The post Stock Jumping on Abnormally High Volume: Lyft, Inc. (NASDAQ:LYFT), Amcor plc (NYSE:AMCR) appeared first on Stocks Equity .

Benson Morgan, 2 months old, wears an Owlet Vitals Monitor on Thursday, Sept. 5, 2013. Following receipt of a warning letter from the U.S. Food and Drug Administration, Owlet will stop selling the product until it earns medical device approval from the FDA. | Laura Seitz, Deseret News Following receipt of a warning letter from the U.S. Food and Drug Administration, Utah-based tech startup Owlet, innovators of a baby sock that monitors infant vital signs, will stop selling the product until it earns approval from the federal agency. The company reports it has sold over 1 million of the monitoring socks since it launched in 2015 and says it will continue to offer support for those who have already purchased the product. While the FDA did not cite any safety concerns, and is not asking for the product to be recalled, Owlet said it has halted sales of the monitors pending FDA approval. Owlet received a Warning Letter from the FDA regarding the Smart Socks regulatory status in the United States, an unsigned post to the Owlet website reads . The letter we received from the agency did not identify any safety concerns about the Smart Sock; rather, the FDA asserts that the Smart Sock should be classified as a medical device in the U.S. because of the heart rate and oxygen notifications.

Lyft (NASDAQ: LYFT ) has observed the following analyst ratings within the last quarter:

With gas prices still near $5 a gallon, surge pricing hammering Uber and Lyft riders and a short supply of rental cars, the sticker shock is causing a ripple effect across the travel industry -- and in Bay Area residents'' wallets.

Lyft (NASDAQ:LYFT) had its price objective cut by Loop Capital from $80.00 to $77.00 in a report issued on Wednesday morning, The Fly reports. They currently have a buy rating on the ride-sharing companys stock. The analysts noted that the move was a valuation call. A number of other research analysts have also issued reports []

Lyft (NASDAQ:LYFT) had its price target reduced by stock analysts at Loop Capital from $80.00 to $77.00 in a research note issued on Wednesday, The Fly reports. The brokerage presently has a buy rating on the ride-sharing companys stock. Loop Capitals price objective suggests a potential upside of 68.60% from the stocks current price. The []

Authorities routinely "failed to conduct proper oversight" allowing Uber and Lyft drivers to operate under much looser standards than Massachusetts law mandates, a state auditor''s report found.

DoorDash settled with San Francisco for $5.3 million | Illustration by Alex Castro / The Verge Food delivery platform DoorDash has agreed to pay $5.3 million to the city of San Francisco to settle allegations it failed to provide healthcare and paid sick leave to some 4,500 delivery drivers, as the city requires. The company did not admit wrongdoing as part of the settlement, most of which will be used to reimburse drivers who made deliveries in the city between 2016 and 2020, before a new state law covering gig workers took effect. Californias gig workers law, which voters approved in November 2020 as ballot measure Proposition 22, allows companies like Uber, Lyft, and DoorDash to treat workers as independent contractors, not employees. A judge ruled in August that the law was unconstitutional, but it remains in effect pending Continue reading

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The latest research on “Global Bike and Scooter Rental Report 2021” offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges

Thanksgiving air travel is projected to be up over 80% from 2020, according to AAA, meaning jam-packed security checkpoints, peak demand for Uber and Lyft drivers and mask mandates in full effect everywhere in between.

A Lyft driver accused of sexually assaulting a woman he was driving from Denver to Boulder in 2018 was acquitted on all charges Friday following a weeklong trial.

HERE Technologies, an international location data company providing real-time data for companies such as Microsoft, AWS, and Lyft, has published an EV Charging Station Map that visualizes a list of the top EV-friendly counties in the US and other interesting data. The interactive EV charging station map gives its users a look at the distribution []

The House Democrats finally passed Build Back Better! Can this day get better? Why yes, yes it can. Friday, President Joe Biden announced his nominees for the United States Postal Service Board of Governors, “to replace outgoing Governors Ron Bloom and John Barger.” Yes, current board chair Ron Bloom—Postmaster General Louis DeJoy’s greatest champion—will not be returning when his term is up on Dec. 8. Thank you, President Biden! Biden is nominating Daniel Tangherlini, the former administrator of the General Services Administration in the Obama administration, to replace Bloom. Derek Kan, Republican and former deputy director of the Office of Management and Budget, would replace Republican John M. Barger. The board is made up of nine members, and is bipartisan. There are currently four Democrats, four Republicans, and one Independent. Biden will have appointed five members once these nominations are confirmed. “The USPS serves hundreds of millions of Americans across the nation every day,” the White House wrote in the statement announcing the nominations. “President Biden is committed to supporting USPS workers so that they can continue delivering for their fellow Americans, particularly those in rural communities, veterans, and older Americans who rely so heavily on the Postal Service.” “President Biden is also committed to strengthening and modernizing this critical public institution and its services to ensure it continues serving the American people for decades to come,” the statement continues.