Lyft shares hit record low, piling pressure on Uber ahead of IPO

Lyft Inc's stock slumped more than 9% on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting pressure on Uber Technologies Inc as it prepares to price its initial public offering.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Intel shares sink as executives give three-year ou...
Intel to launch 7nm chip products in 2021

Related Posts