ride-hailing

Ride-hailing company Uber Technologies Inc (NYSE: UBER) lost its license to operate in London, and this represents another setback under the leadership of CEO Dara Khosrowshahi, according to Recode co-founder Kara Swisher.  'Not A Great Time' For Khosrowshahi  Khosrowshahi...

Ride-hailing stocks Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) haven’t gained traction in the market like early investors had hoped. Both stocks have made new all-time lows within the past two months. Now that the lockup periods have expired for both ride-hailing stocks,...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) is facing calls for a boycott after its CEO called the murder of journalist Jamal Khashoggi a “mistake” by the Saudi Arabian government in an interview with Axios on HBO on Sunday. What Happened “I think that government said...

Investors looking for exposure to the ride-hailing segment should pick LYFT Inc (NASDAQ: LYFT) over its larger rival Uber Technologies Inc (NYSE: UBER), according to CNBC's Jim Cramer. What Happened Lyft's stock may have bottomed near $37 per share after its August lockup expiration and a...

Ride-hailing service Uber Technologies Inc (NYSE: UBER) did not have the best of debuts, with the shares listing at a discount to the offer price of $45 per share and closing the debut session down 7.6%.  With the lockup period on the shares expiring Wednesday, the stock is seeing incremental...

Uber Technologies Inc (NYSE: UBER)'s third-quarter sales of $3.533 billion missed the Street's $3.69-billion estimate Monday, while its quarterly loss of 68 cents per share was narrower than the 81-cent-per-share consensus estimate.  The ride-hailing company posted revenue of $3.8...

LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by 500 basis points, and earnings before interest, tax, depreciation and amortization were...

Investors assuming Uber Technologies Inc's (NYSE: UBER) upcoming lockup expiration will be a non-event could wake up to a "very rude awakening," according to CNBC's Jim Cramer. What Happened Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) saw its stock trade lower at one...

Citigroup upgraded Uber Technologies Inc (NYSE: UBER) Monday, citing the potential for the stock to rise on better third quarter earnings. The Analyst Itay Michaeli upgraded Uber from Neutral to Buy and maintained a $45 price target. The Thesis Second-half revenue for the ridesharing pioneer is...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) introduced a new platform Thursday that creates an opportunity for sentiment to "shift from pessimism to optimism," according to Raymond James. The Analyst Justin Patterson maintained an Outperform rating on Uber with an...

Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) shares have been trading higher following reports that the California state Senate has passed a bill that will reshape how the companies do business. The legislation is known as “Assembly Bill 5” and would require...

The state of California could soon have a new law in place that forces ride-hailing companies to reclassify drivers on their platforms from "gig workers" to employees, The Wall Street Journal reported Monday. What Happened California Gov. Gavin Newsom has confirmed he would sign...

Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) shares were trading higher Thursday, but over the past 30 days, the two stocks have fallen significantly. Uber is down 16.45% over the past 30 days, and Lyft is down 17.5% over the past 30 days. Here's a look at Lyft's...

Lyft Inc (NASDAQ: LYFT) shares are in the green despite the advancement of Assembly Bill 5 to the Senate floor on Friday by California legislators. The bill would require ride-hailing companies to classify workers as employees rather than independent contractors. In June, both Lyft...

Ride-hailing investors saw their holdings fall Tuesday to the lowest level ever, led by Lyft Inc (NASDAQ: LYFT), whose stock dropped more than 7%, while Uber Technologies Inc (NYSE: UBER)'s stock fell close to 6%. What Happened Uber, the larger of the two ride-hailing companies, hit an all-time...