Shares of Lyft lost more than a quarter of their value in after-hours trading Tuesday after the company provided light second-quarter guidance and warned investors it will have to keep spending on driver incentives. https://www.cnbc.com/2022/05/03/lyft-earnings-q1-2022.html
Another 30% and they’ll be close to reasonably fair value.
They can lyft my nuts.
Not surprised considering I can’t even get a Lyft these days and it’s more expensive than Uber from my experience
You’re telling me giving people a bunch of rides below-cost for several years wasn’t a good idea?
I've been getting half-off your next ride notifications for the last month lol. The only reason I used it was Amex offers
Major layoffs incoming ?
Lyft disabled my account without any reason whatsoever. Their customer support was useless. I really hate them now.
Why?
I'm still waiting on CNBC to make an article.