2019-11-25 16:28 |
Just last week Lyft co-founder was bullish on the stock. The sell-off… The post Lyft Co-Founder Talks ‘Undervalued’ Stock. Insiders Then Make Millions Hitting Sell appeared first on CCN.com origin »
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Coinspeaker Uber and Lyft Stocks Hit New Lows Amid Fears of California BillCalifornia's state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times.
2019-9-4 12:06 | |
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Mega-unicorn Uber reported earnings, or rather losses, on Thursday that demonstrate why hype doesn’t always work in a company’s favor. Let’s hit the headline numbers and explain what they mean for Uber’s stock.
2019-8-9 02:05 | |
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Coinspeaker Lyft (LYFT) Q2 Results Better Than Expected But the Stock Price Is Still In the Red Post-IPOLyft (LYFT) stock climbed 13% after hours but gave up early gains after the company announced share lock-ups would expire on August 19, 2019, rather than a previously scheduled date in September.
2019-8-8 13:16 | |
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Lyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points. Let’s parse the most important numbers to see what Lyft is telling us and where the stock may go from here.
2019-8-8 02:00 | |
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Lyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points. Let’s parse the most important numbers to see what Lyft is telling us and where the stock may go from here.
2019-8-9 02:00 | |
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Lyft’s Chief Operating Officer, Jon McNeill, is leaving the company after only 18 months on the job. Lyft stock slid 2. 27% on the news. 3 Possible Reasons Why the COO Flew the Coop For senior management to depart a position as necessary as operations after only 18 months, there are usually only three possible explanations.
2019-7-30 00:21 | |
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By CCN Markets: Bitcoin is up more than 151 percent against the U. S. dollar year-to-date at $9,300, surpassing most assets and stock indices in the likes of Nasdaq 100 and S&P 500 with ease in six-month performance.
2019-6-21 11:47 | |
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By CCN Markets: Friday’s Chewy IPO was a feeding frenzy of investor enthusiasm for this summer’s latest hot new stock. The IPO is clearly not dead in 2019, despite the brutal debuts of Lyft and Uber, which were all bark and no bite.
2019-6-15 22:55 | |
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By CCN Markets: The Uber and Lyft IPOs went absolutely nowhere, despite enormous hype and anticipation. Since then, other IPOs from lesser-known companies like Fiverr, CrowdStrike, and Beyond Meat have soared.
2019-6-14 00:38 | |
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By CCN: 2019 has been the year of the hot tech IPO. Already, Uber, Lyft, Pinterest, and Beyond Meat have headlined the group of new companies coming to market. That’s not all. WeWork, AirBnb, and Slack are among other hot tech companies that are rumored to be listing their shares later this year.
2019-6-3 08:57 | |
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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.
2019-5-9 01:10 | |
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By CCN: Lyft’s stock remains stuck in the doldrums, trading 22% below its IPO price of $72. Yet, the company appears to have its proverbial head stuck in the sand about its stock market debut flop.
2019-4-30 18:25 | |
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By CCN: Despite experiencing its first bearish pause early Monday, Zoom’s stock rebounded and continued the rally. The stock initially dipped 2. 8% Monday after spiking more than 72% on Thursday in Zoom’s Nasdaq debut.
2019-4-23 00:34 | |
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Uber’s decision to value itself at $100 billion rocked Lyft stock on Wednesday, causing the embattled rideshare company’s shares to plunge as far as 10%. Contrary to the prevailing narrative, however, a strong Uber IPO would be wildly bullish for Lyft shares.
2019-4-12 18:08 | |
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Uber is poised to sell $10 billion in shares in the biggest initial public offering (IPO) of the year, according to Reuters. After Lyft’s catastrophic debut on the stock market, Uber will learn from its rival’s mistakes.
2019-4-10 15:45 | |
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If there’s anybody who can steal the thunder of Uber or Lyft, it’s Elon Musk. Unfortunately for the ride-sharing plays, that’s exactly what it appears the Tesla CEO wants to do.
2019-4-6 19:15 | |
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The TradeWeb IPO launched on Thursday, and shares are up over 25%. The OTC electronic trading outfit is the latest “unicorn” to go public this year, following Lyft’s highly publicized listing on the Nasdaq.
2019-4-4 20:49 | |
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Lyft may not be a social media platform but where its stock price settles, above or below the IPO price, will either draw similarities with Snap Inc or Facebook. On its market debut, investors could have been forgiven for assuming the ride-hailing firm would turn out to be another Facebook (which is currently at $168 against an IPO price of $38) and not Snap (which is currently at $11 against an IPO price of $17) after the stock rallied to $87 from an IPO price of $72.
2019-4-2 15:25 | |
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Lyft is getting crushed on the first trading day following its much-hyped IPO, and unsophisticated investors are learning the hard way that it’s not a good idea to plow into companies as soon as they go public.
2019-4-2 22:21 | |
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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 Already, the stock has given up 8% of these gains and is threatening a break below $80.
2019-3-30 20:28 | |
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Next week, insurgent ridesharing provider Lyft will commence its long-awaited initial public offering (IPO). An IPO marks the point when a company makes its shares available on a public stock exchange, and Lyft is releasing 32.
2019-3-29 01:42 | |
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CoinSpeaker With Evaluation of $19.5B, Lyft is Set to Beat Uber to Stock Market IPORide-sharing startup Lyft, set their clock ticking for its IPO likely in the next two weeks. The stock will trade as “LYFT” on Nasdaq, and the IPO range is currently set for between $62 and $68 per shareWith Evaluation of $19.5B, Lyft is Set to Beat Uber to Stock Market IPO
2019-3-18 15:59 | |
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Ride-hailing company and Uber competitor Lyft will go public with 30. 8 million shares at between $62 to $68 a pop. The announcement would value Lyft at $19. 46 billion at the upper end of the spectrum.
2019-3-18 14:10 | |
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The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection.
2019-3-4 18:32 | |
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The founders of Lyft, John Zimmer and Logan Green, are working on a plan to retain control of the company after it goes public. They will do this by creating a special class of stock that gives the holders “super voting” rights.
2019-2-13 13:16 | |
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LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.
2018-9-8 23:36 | |
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Tech companies had traditionally stayed away from America’s publicly traded stock markets. But for the past decade, there has been a shift in this trend. Tech companies have been going public more actively over the past year.
2018-8-10 12:34 | |
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Investors may be missing the forest from the trees. Lyft's layoffs were selective, affecting sales and marketing divisions. The company reportedly plans on hiring 1,000-plus employees this year.
Lyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points. Let’s parse the most important numbers to see what Lyft is telling us and where the stock may go from here.
Lyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points. Let’s parse the most important numbers to see what Lyft is telling us and where the stock may go from here.
By CCN: One of the earliest scams in the rideshare world was providing cars to drivers who didn’t have one or couldn’t afford one. It was particularly insidious early on because Uber was touting salaries of $96,000 a year for its drivers (which turned out to be nonsense).
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.
Lyft is getting crushed on the first trading day following its much-hyped IPO, and unsophisticated investors are learning the hard way that it’s not a good idea to plow into companies as soon as they go public.