|Bid||23.77 x 3000|
|Ask||23.80 x 2900|
|Day's range||23.33 - 24.13|
|52-week range||21.27 - 52.36|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Earnings date||02 Aug 2022 - 08 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||51.47|
Notable business headlines include transport company Lyft announcing that it will halt hiring as it looks to cut costs, new details from American financier Carl Icahn’s legal battle with McDonald’s, and the NFL renewing its nearly four-decade-long sponsorship deal with Pepsi.
Retail and tech have come under pressure, and both sectors are dealing with the same problem: pandemic-era trends that didn't stick around.
While LYFT plans to slow down hiring and cut costs in some departments, it does not intend to lay off employees. The company has been focusing on boosting profits.