Lyft Withdraws Guidance as COVID-19 Decimates Ridesharing [The Motley Fool]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
Check Earnings Report
Company Research
Source: The Motley Fool
Just a week after ridesharing leaderUber(NYSE:UBERLyftNASDAQ:LYFTalternativeservicesHere's what investors need to know.COVID-9 is destroying the travel industry, including ridesharing. Image source: Lyft.Lyft's high hopes fallLyft had initially forecast that 00 would see revenue of around $.6 billion, compared to the $.6 billion it generated in 09. AdjustedEBITDALyft spoke too soonsingle biggest week in our historyThis week, The Information reported that Lyft has seen gross bookings plunge by 7% in recent weeks, an improvement from an 80% decline. Uber's gross bookings have fallen by 80%, according to the report. "The pandemic began to have a negative impact on business trends, including ride volumes, in mid-March, which has continued into April," Lyft says.The company plans to give investors more detailed information when it reports first-quarter results on May 6, including what efforts it plans to make in order to prop up the balance sheet while improving its cost structure and stil
Show less
Read more
Impact Snapshot
Event Time:
LYFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYFT alerts
High impacting Lyft, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
LYFT
News
- Watch Live: Brian Walshe trial testimony could include man involved in alleged affair with Ana Walshe [CBS News]CBS News
- Lyft (NASDAQ:LYFT) was upgraded by analysts at Arete Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Jurors in Brian Walshe's murder trial were shown items covered in possible blood – and other takeaways from Day 3 [CNN]CNN
- Jurors in Brian Walshe's murder trial were shown items covered in possible blood – and other takeaways from Day 3 [CNN]CNN
- Lyft (NASDAQ:LYFT) was upgraded by analysts at Arete from a "sell" rating to a "neutral" rating. They now have a $20.00 price target on the stock.MarketBeat
LYFT
Earnings
- 11/5/25 - Beat
LYFT
Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 144
- 12/4/25 - Form 144
- LYFT's page on the SEC website