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HyreCar Inc - HYRE STOCK NEWS

Welcome to our dedicated news page for HyreCar (Ticker: HYRE), a resource for investors and traders seeking the latest updates and insights on HyreCar.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HyreCar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HyreCar's position in the market.

Rhea-AI Summary
Getaround has acquired HyreCar, a gig carsharing marketplace, for $9.45 million. The acquisition is expected to contribute up to $75 million of run-rate annualized Gross Booking Value and positive Adjusted EBITDA, accelerating Getaround's path to profitability. The acquired assets include access to thousands of cars and tens of thousands of gig drivers.
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HyreCar to sell assets to Getaround, unlocking new opportunities for gig economy workers and vehicle owners.
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Getaround is acquiring the assets of HyreCar for $9.45 million, which is expected to contribute up to $75 million of run-rate annualized Gross Booking Value and positive Adjusted EBITDA. The acquisition will strengthen Getaround's position in the gig carsharing market and accelerate its path to profitability.
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HyreCar Inc

NYSE:HYRE

HYRE Rankings

HYRE Stock Data

562.66k
19.72M
14.48%
45.69%
5.75%
Passenger Car Rental
Real Estate and Rental and Leasing
Link
US
Los Angeles