Previous close | 9.97 |
Open | 11.90 |
Bid | 10.75 |
Ask | 11.20 |
Strike | 60.00 |
Expiry date | 2024-05-24 |
Day's range | 11.07 - 12.01 |
Contract range | N/A |
Volume | |
Open interest | 22 |
Shares of Lyft (LYFT) are trading higher Tuesday, as the company posted a first quarter earnings beat on revenue. The ride-sharing giant surpassed analyst expectations, reporting a revenue of $1.28 billion, beating the estimated $1.17 billion. Lyft's performance was boosted by growth in both gross bookings and active rider counts, which also surpassed estimates for the quarter. Yahoo Finance's Josh Lipton and Jared Blikre breaks down the details of the earnings report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Self-driving technology company Motional said on Tuesday it will pause robotaxi deployments with ride-hailing firms Uber Technologies and Lyft, while it lays off staff as part of its restructuring process to focus on technology development. The development comes ahead of electric carmaker Tesla's unveiling of its robotaxi, dubbed "Cybercab", on Aug. 8 and as legacy automakers limit spending on expensive autonomous driving technology in the face of regulatory and safety hurdles. Motional said it has completed more than 100,000 autonomous rides in Las Vegas and food deliveries in Los Angeles.
Shares of Maplebear rose on news that its Instacart grocery-delivery app will let customers order from restaurants served by Uber Eats.