Lyft

Uber Technologies Inc. plans to announce Friday it will price its first shares between $44 and $50, according to a report from Bloomberg. This would value the company at $80 billion to $90 billion. Uber is nearing a record $8-$10 billion initial public offering, following ride-hail service rival...

  According to reports from Reuters, Lyft Inc (NASDAQ: LYFT) is removing all of its on-demand electric bicycles from public use in New York, Washington, D.C. and the San Francisco Bay area after riders reported braking issues. "We recently received a small number of reports...

Until recently, two of the banking sector’s major revenue rainmakers—mortgages and initial public offerings (IPOs)—were suffering a drought. A slumping housing market that coincided with last fall’s higher mortgage rates had some analysts worried about big banks’ Q1....

Ride-hailing service Uber filed Thursday with the Securities and Exchange Commission for an initial public offering on the New York Stock Exchange under the ticker symbol "UBER," following its ride-hailing rival Lyft Inc (NASDAQ: LYFT) to Wall Street.  San Francisco-...

  Good day, On-demand cab hailing company Lyft had its initial public offering (IPO) on March 28, after many months of its speculation. Though Lyft's (NASDAQ: LYFT) valuation started out aggressively at its launch, valued at $72 per share, the stock price fell subsequently with it priced...

Uber Technologies is about to turn a long-awaited corner. What To Know In May, management will try to sell $10 billion of stock on the New York Stock Exchange, Reuters reported. The IPO is expected to be the biggest of 2019 and in the top 20 of all time. It will certainly be one of the tech sector...

Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included pharmaceutical and semiconductor leaders. And bearish calls included a fresh IPO and a struggling retailer. The first week of the second quarter was a relatively quiet one for the big three...

Seeking to bolster its community-friendly image while penetrating more deeply into city transportation systems, the ride-sharing giant Lyft Inc (NASDAQ: LYFT) announced a new initiative that will dedicate $50 million to transportation programs around the country. The announcement coincided...

How can Wall Street follow up its best day in nearly two months? That’s the question Tuesday after the S&P 500 (SPX) touched a nearly six-month high Monday amid growing enthusiasm about both the U.S. and Chinese economies. If anything stands in the way of continued gains, it might be...

Friday’s enthusiasm looks like it might spill over into the new week as the focus remains squarely on China. A surprisingly healthy reading from China’s manufacturing sector early Monday was the first positive data out of that country in a while. While this could be a sign that Beijing...

Exceeding expectations, the ride-hailing start-up Lyft raised $2.3 billion on March 28, after pricing its shares at $72, the top of its pricing range. That equates to a market valuation of $24 billion for the company. Lyft shares opened for trading today at $87.24, above the public offering price....

Good Day, Lyft's long-awaited initial public offering (IPO) hit the markets Thursday afternoon, with the ride-hailing company raising $2 billion based on pricing at $72 per share, the top of the expected range of $70 to $72 per share. This gives Lyft a fully diluted market value of $24 billion...

Welcome to the last trading day of the quarter. And what a quarter it’s been. We’ve seen quite a turnaround after the market tanked late last year on worries about global economic growth stemming from the U.S.-China trade war and concerns about a potentially too-aggressive Fed. One leg...

Ride-hailing company Lyft will see its shares trade on a public market for the first time Friday. Ahead of the much-anticipated IPO, the following is a roundup of what industry experts are saying.  Lyft Investor Sees Amazon-Like Story Lyft's story remains in its early stages and is...

Ride-hailing company Lyft's IPO is days away, and a handful of other "unicorns" are on deck for public listings. The "coming onslaught" of new listings could prove to be a problem for investors for simple reasons of supply and demand, according to CNBC's Jim Cramer. What...