Yahoo Finance Live looks at Lyft's shares following a stock downgrade citing comparisons to Uber's superior driver count.
A stock that took quite a beating during the stay-at-home period that was much of the coronavirus pandemic, Uber Technologies (NYSE: UBER) did quite well this week. According to data compiled by S&P Global Market Intelligence, shares of the ride-sharing giant rose by nearly 6% over the course of the five trading days. Uber stock's acceleration was due mainly to a pair of factors.
The deal with Motional marks Uber's (UBER) return to the robotaxi business.