Lyft posted record revenue for a second consecutive quarter Thursday, but the company's worse-than-expected forecast tanked its stock in extended trading.
The ride-hailing company slumped 37% after posting weaker-than-expected revenue guidance for the first quarter of 2023.
Lyft's $4 billion market cap Friday is six times less than what it was at its 2019 IPO.

Nucor and Kimberly-Clark have been highlighted as Zacks Bull and Bear of the Day

10:00am, Friday, 10'th Feb 2023 Zacks Investment Research
Nucor and Kimberly-Clark have been highlighted as Zacks Bull and Bear of the Day.
Shares of Lyft fell more than 30% before the bell on Friday after forecasting first-quarter profit below estimates, amplifying worries that it was falling behind Uber as the ride-hailing firms look to
The ride-hailing company received analyst downgrades after forecasting weak revenue as it seeks to compete with its main rival's pricing.

Why Uber Stock Was Thrown Into Reverse Today

11:33pm, Thursday, 09'th Feb 2023 The Motley Fool
The euphoria over the company's latest set of quarterly earnings didn't last long.

3 Big Surprises in Earnings Season So Far

07:21pm, Thursday, 09'th Feb 2023 Zacks Investment Research
Imagine that once every few months, you're required to release information detailing where you've spent money, made money, or even how much you've saved. Sounds a bit intimidating, right? That's preci

Why Uber Stock Was Thrown Into Reverse Today

06:33pm, Thursday, 09'th Feb 2023
The euphoria over the company's latest set of quarterly earnings didn't last long.

Uber Technologies (UBER) Q4 Earnings & Revenues Beat Estimates

06:12pm, Thursday, 09'th Feb 2023 Zacks Investment Research
Uber Technologies (UBER) fourth-quarter 2022 revenues increase year over year.
Dan Ives, Wedbush Securities, joins 'Closing Bell: Overtime' to discuss Lyft's earnings report and how the company compares to Uber.

6 Uber Analysts On Q4 Earnings: 'Unprecedentedly Clean'

04:17pm, Thursday, 09'th Feb 2023 Benzinga
Uber Technologies Inc (NYSE: UBER) delivered strong fourth-quarter results on Wednesday, topping expectations for both rideshare and delivery bookings, as well as EBITDA. Analysts from Morgan Stanley,

3 Big Surprises in Earnings Season So Far

03:49pm, Thursday, 09'th Feb 2023
Imagine that once every few months, you're required to release information detailing where you've spent money, made money, or even how much you've saved. Sounds a bit intimidating, right?

Company News for Feb 9, 2023

02:30pm, Thursday, 09'th Feb 2023 Zacks Investment Research
Companies in The News Are: CPRI, AVGO, UBER, ENPH

Wabtec, Uber And This Big Bank On CNBC's 'Final Trades'

02:25pm, Thursday, 09'th Feb 2023 Benzinga
On CNBC’s "Halftime Report Final Trades," Karen Firestone of Aureus Asset Management named Westinghouse Air Brake Technologies Corporation (NYSE: WAB) as her final trade. Jim Lebenthal of Cerity
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