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Lyft Tumbles on Disappointing Outlook; JPM Lowers Price Target - Investopedia

Shares in Lyft are tumbling Wednesday after the ride-hailing company projected first-quarter bookings that lagged estimates amid an ongoing price war with rival Uber Technologies.

By:Nisha Gopalan
Source:Investopedia
Published:
Lyft Tumbles on Disappointing Outlook; JPM Lowers Price Target - Investopedia
  • Shares in Lyft are tumbling Wednesday, after the ride-hailing company projected first-quarter bookings that lagged estimates as a price war with rival Uber Technologies persists.
  • The … [+1903 chars]

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