LYFT - Lyft, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
67.45
+1.45 (+2.20%)
At close: 4:00PM EDT
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Previous Close66.00
Open66.22
Bid65.30 x 900
Ask68.00 x 1100
Day's Range66.15 - 68.33
52 Week Range47.17 - 88.60
Volume3,734,856
Avg. Volume4,949,546
Market Cap19.602B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.60
Earnings DateAug 7, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est72.14
Trade prices are not sourced from all markets
  • Car sharing company Turo is tech's latest unicorn, with a $250M IAC investment
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    Car sharing company Turo is tech's latest unicorn, with a $250M IAC investment

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  • Lyft's dockless e-bikes have made their way to SF, but it wasn't easy
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  • Lyft expands its PIN feature for airport pickups to LaGuardia
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  • Lyft Is Adding New York Subway Info to App, Even as It Fights With the City
    Bloomberg3 days ago

    Lyft Is Adding New York Subway Info to App, Even as It Fights With the City

    (Bloomberg) -- Lyft Inc. wants its riders in America’s largest city to know that they might not need to take a Lyft. They can just ride the subway.Over the next few months, Lyft said users of its app will be able to access real-time public transportation information in New York City. The move marks another twist in the ride-hailing industry’s fraught relationship with New York, which is both home to the world’s most heavily used public transportation network and the site of a history of legal tussles between the companies and city officials.The app update shows users the locations of nearby subway and bus stations, as well as docks for Citi Bike, the New York bike-share program operated by Lyft. The features are part of a bid to keep users engaged on the platform, rather than navigating away to a different app for subway or bike information. It’s a calculated bet that more info won’t tempt too many people to take the train instead of calling a Lyft.Lyft has begun rolling out the update and will continue to do so gradually. All New York users will receive the new features by the end of September, the company said. “Lyft’s mission is to provide the world’s best transportation, and that definitely includes public transit,” said Lilly Shoup, the senior director of transportation policy. In cities like New York, public transit can be faster and more convenient than driving, she said.While Lyft will provide riders with up-to-date subway arrival times, the company doesn’t have a formal partnership with the city of New York. Riders will still need to swipe their MetroCard to access the subway.The new offerings may serve to endear Lyft to New York’s lawmakers, who have recently passed new rules targeting the ride-hailing industry. City officials have been vocal critics of the company and its competitors, saying they have driven down driver wages and worsened traffic. Lyft sued New York this year in a bid to prevent the implantation of a new driver minimum wage law, but a judge dismissed the suit in May.The addition of subways and buses is a step for Lyft toward its ultimate goal of being an all-encompassing transportation service. Both the company and its larger rival, Uber Technologies Inc., have told investors they want users to remain on their apps no matter the mode of transit. As they geared up for their initial public offerings this year, both companies touted their respective integrations with other subway systems and public transit services.Uber said recently that it had sold more than 1,200 bus and train tickets in Denver as part of a partnership with public transit there. Lyft already has public transportation data in Boston, Chicago, Denver, Los Angeles, Seattle and Washington, the company said.The two companies have also moved aggressively into bike-sharing. Lyft’s acquisition last year of Motivate, the operator Citi Bike, gave it a massive fleet of bicycles in New York, with plans to expand to 40,000 in 2023. Meanwhile, Uber has a fleet of 400 electric Jump bikes in the Bronx and Staten Island.Lyft said integrating more services into its app is a natural step, particularly because many journeys involve more than one mode of transit. “One of our busiest Citi Bike stations is the one outside Grand Central,” Shoup said. “We can really expand the effectiveness and the reach of transit.”Uber is still by far the largest player in the business of getting people around in cars in New York. But both companies have hit roadblocks as the city has cracked down on ride-hailing. Uber and Lyft have each sued city agencies over different rules and started to experiment with creative tactics to address new restrictions. An Uber lawsuit attempting to derail a cap on drivers is ongoing; Lyft lost its suit contesting driver pay rules, though it could appeal.Lyft has begun preventing drivers in New York from accepting rides if they’re in low-demand parts of the city. That’s in response to a rule expected to go into effect next year that would require companies to pay drivers based on how many trips the average driver receives per hour. The rule is expected to advantage Uber, which has more riders and drivers.Meanwhile, Uber is laying out a plan in response to rules that would charge ride-hailing drivers extra if they’re hanging around in the core of Manhattan without a passenger. Uber has made inquiries about purchasing a parking lot to hold about 250 cars just outside the heart of Manhattan. Cars would sit parked and then drive into the city’s core only after a passenger requests them. Crain’s New York Business first reported on the possible parking lot.Uber said it’s worried that drivers would otherwise crowd streets around the perimeter of the proposed regulated zone. “If the city passes the proposed ‘cruising cap,’ we want to be prepared to help mitigate the inevitable congestion that will be caused by app drivers waiting to access the central business district,” Alix Anfang, an Uber spokeswoman, wrote in an email. One time-honored congestion solution, of course, is taking a train.To contact the author of this story: Eric Newcomer in New York at enewcomer@bloomberg.netTo contact the editor responsible for this story: Anne VanderMey at avandermey@bloomberg.net, Mark MilianFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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  • ACCESSWIRE6 days ago

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of LYFT, PYX and DBD

    NEW YORK, NY / ACCESSWIRE / July 16, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.

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  • ACCESSWIRE6 days ago

    LYFT DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 16, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. ("Lyft" or "the Company") (NASDAQ: LYFT) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant to and/or traceable to the Company's Initial Public Offering in March 2019 (the "IPO") are encouraged to contact the firm before July 16, 2019.

  • GlobeNewswire6 days ago

    FINAL DEADLINE ALERT - Lyft, Inc. (LYFT) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action and Lead Plaintiff Deadline: July 16, 2019

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against of Lyft, Inc. (“Lyft” or the “Company”) (LYFT) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Lyft securities pursuant and/or traceable to the Company’s March 2019 initial public offering (the “IPO” or the “Offering”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933.  If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/lyft or you may contact Peretz Bronstein, Esq.

  • ACCESSWIRE6 days ago

    CLASS ACTION UPDATE for LYFT, HL and DBD: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / July 16, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...

  • New York City can ban ads inside Uber, Lyft vehicles - U.S. appeals court
    Reuters6 days ago

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    Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan ruled 3-0 that the ban did not violate the First Amendment, in a case brought by a technology company that places digital content inside ride-sharing vehicles. The ban included an exception for Taxi TV, which the city's Taxi and Limousine Commission lets medallion cab owners display to offset the cost of installing mandatory technology to help passengers monitor their fares and pay by credit card.

  • GlobeNewswire6 days ago

    TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. (“Lyft” or “the Company”) (NASDAQ: LYFT) for violations of the federal securities laws. Investors who purchased the Company’s shares pursuant to and/or traceable to the Company’s Initial Public Offering in March 2019 (the “IPO”) are encouraged to contact the firm before July 16, 2019.

  • ACCESSWIRE7 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of LYFT, ZUO and EROS

    CEDARHURST, NY / ACCESSWIRE / July 15, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • GlobeNewswire7 days ago

    TUESDAY DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Reminds Lyft, Inc. Investors of July 16th Deadline in the Securities Class Action; Encourages Investors with Over $100K in Losses to Contact the Firm – LYFT

    NEW YORK, July 15, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lyft, Inc. (NASDAQ: LYFT) pursuant and/or traceable to the.

  • ACCESSWIRE7 days ago

    CLASS ACTION UPDATE for LYFT, XENT and RMED: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...

  • ACCESSWIRE7 days ago

    FINAL DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 15, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. ("Lyft" or "the Company") (LYFT) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant to and/or traceable to the Company's Initial Public Offering in March 2019 (the "IPO") are encouraged to contact the firm before July 16, 2019.

  • ACCESSWIRE7 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of LYFT, CBL and LTHM

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

  • ACCESSWIRE8 days ago

    TUESDAY DEADLINE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. ("Lyft" or "the Company") (LYFT) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant to and/or traceable to the Company's Initial Public Offering in March 2019 (the "IPO") are encouraged to contact the firm before July 16, 2019.

  • ACCESSWIRE8 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of LYFT, EQT and RLGY

    NEW YORK, NY / ACCESSWIRE / July 14, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • GlobeNewswire9 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lyft, Inc. of Class Action Lawsuit and Upcoming Deadline – LYFT

    Pomerantz LLP announces that a class action lawsuit has been filed against Lyft, Inc. (“Lyft” or the “Company”) (NASDAQ:  LYFT) and certain of its officers. The class action, filed in United States District Court, for the Northern District of California, and indexed under 19-cv-03003, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Lyft common stock pursuant or traceable to the Form S-1 Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with Lyft’s March 2019 initial public stock offering (the “IPO” or “Offering”). This action asserts non-fraud strict liability claims under Sections 11 and 15 of the Securities Act of 1933 (“Securities Act”) against Lyft and certain Lyft’s officers and directors (collectively, the “Defendants”).

  • ACCESSWIRE9 days ago

    4-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 13, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. ("Lyft" or "the Company") (LYFT) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant to and/or traceable to the Company's Initial Public Offering in March 2019 (the "IPO") are encouraged to contact the firm before July 16, 2019.