Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed …

While Uber shares closed 5.7% lower on Wednesday, Lyft ended the day 7.1% higher. To understand why the stocks moved in different directions, it helps to see just how different the …


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Uber Slumps, Lyft Soars. Why The Ride-Sharing Stocks Are Headed …

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While Uber shares closed 5.7% lower on Wednesday, Lyft ended the day 7.1% higher. To understand why the stocks moved in different directions, it helps to see just how different the …

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Why Uber (UBER) Shares Are Falling Today - Yahoo Finance

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1 day ago  · Shares of ride sharing and on demand delivery service Uber (NYSE: UBER) fell 7.4% in the pre-market session after the company reported weak fourth-quarter results: gross …

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Here's Why Uber Stock Dipped Today | The Motley Fool

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1 day ago  · Shares of ride-sharing company Uber Technologies (UBER 4.31%) dipped on Wednesday after the company reported financial results for the fourth quarter of 2024. The Q4 …

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Heard On The Street: Why Lyft's Stock Is Pulling Ahead Of Uber's

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May 8, 2024  · But Lyft had driven into a deep hole before then, with a string of weak operating results and a surprise CEO change having pushed the stock to a record low just under $8 a …

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Uber And Lyft Shares Rallied This Year. There May Not Be Much Left …

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Dec 29, 2023  · Lyft's stock gave up 3.4% and finished 2023 up 34.8%. Uber, the analysts said, had managed to grow this year while occasionally turning a profit, and consolidated its grip on …

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Why Uber Stock Is Lower Despite Its Earnings Beat

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2 days ago  · On the stock market today, Uber stock fell more than 7% at close at 64.48. Uber stock gained 3.6% Tuesday to close above its 200-day moving average for the first time since …

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1 Of These Ride-Sharing Stocks Could Be Headed For Liftoff

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Feb 21, 2023  · The ride-sharing market is dominated by two major players: Uber Technologies (UBER 2.25%) and Lyft (LYFT 4.54%).At a high level, Uber and Lyft primarily compete within the same domain in that both ...

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Uber Stock Stumbles As Soft Guidance Eclipses Q4 Beat, But Retail ...

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1 day ago  · Shares of ride-hailing firm Uber Technologies Inc (UBER) fell over 3% in Wednesday’s pre-market session despite the company reporting upbeat fourth-quarter …

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Uber Vs. Lyft: Which Ride-Hailer Could Floor It For Investors?

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Sep 13, 2022  · In terms of year-ahead upside, Uber stock's average price target of $47.35 suggests 45.7% gains could be in the cards. Lyft ()Lyft is the number two player in the ride …

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Uber, Lyft Stocks In Reverse Gear As Trump Reportedly Eyes

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Nov 18, 2024  · Shares of Uber Technologies, Inc. and Lyft, Inc. fell over 5% on Monday after Bloomberg reported that President-elect Donald Trump’s team plans to prioritize a federal …

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FAQs about Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed … Coupon?

Why are Uber (Uber) shares falling today?

LYFT Why Uber (UBER) Shares Are Falling Today What Happened? Shares of ride sharing and on demand delivery service Uber (NYSE: UBER) fell 7.4% in the pre-market session after the company reported weak fourth-quarter results: gross booking guidance for the next quarter missed, and this is weighing on shares. ...

Why are Lyft shares up 21% over the past 3 days?

Shares in Lyft LYFT +4.8% are up 21% over the past three trading days, after an industry report showed it gaining ground on rival Uber UBER -0.4% in June and apparently triggered a short squeeze. Lyft’s stock ended Tuesday trading at $11.55, up from $9.56 on Thursday and above its year-end 2022 level of $11.02. ...

Is Lyft a pure play in ride sharing?

Shares in Uber are up 5.3% since Thursday. David Risher, who took over as Lyft CEO in April, has been focusing on the company’s core ride-sharing business in favor of other forms of mobility, such as scooters and bikes. Uber, by contrast, offers food delivery, freight and carshare services, leaving Lyft as a pure-play in ride sharing. ...

Are Uber & Lyft stock down?

Uber and Lyft Stock Are Down Big. A Recovery Could Be Under Way. This has not been a good year to own ride-sharing stocks, with Uber Technologies off 47%, and Lyft down 64%. While ride volumes have had an impressive postpandemic bounce, growth has slowed from prepandemic levels, and both companies have struggled to find enough drivers. ...

How did Lyft stock perform this year?

Coming into the session, the stock had gained 14% this year and 85% over the last 12 months. Shares of Lyft, Uber’s rival in ride sharing, were up 5.7% to $17.55. The company reported higher first-quarter adjusted earnings than Wall Street expected, plus an increase in rides from the prior year. ...

What happened to Uber & Lyft?

Ride-hailing firms Uber, Lyft and Grab have recovered some of their lost market value over the past month, but a selloff this week has undermined the rally. Copyright © 2023 Dow Jones & Company, Inc. ...

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