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Lyft Inc - LYFT STOCK NEWS

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

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 Lyft'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 Lyft's position in the market.

Rhea-AI Summary
Lyft, Inc. (Nasdaq: LYFT) will release its first quarter 2024 financial results on May 7, 2024. The company will host a conference call to discuss the results and business highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
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Rhea-AI Summary
Lyft, Inc. announced the pricing of $400 million aggregate principal amount of Convertible Senior Notes due 2029 in a private offering to qualified institutional buyers. The offering includes an option for additional notes, with expected net proceeds of approximately $389.6 million. The notes will bear interest at 0.625% per year, mature on March 1, 2029, and be convertible at an initial conversion rate of 47.4366 shares of Class A common stock per $1,000 principal amount.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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none
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Rhea-AI Summary
Lyft, Inc. announced a private offering of $400 million Convertible Senior Notes due 2029 to qualified institutional buyers. The notes will be senior, unsecured obligations with interest payable semi-annually. Lyft intends to use the proceeds for various purposes including repurchasing existing notes, capped call transactions, and stock repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Rhea-AI Summary
Lyft CFO Erin Brewer to Speak at Morgan Stanley Conference on March 5, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.89%
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conferences
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Rhea-AI Summary
Lyft Inc. (LYFT) reported record Gross Bookings and riders in 2023, with a focus on customer satisfaction and operational excellence. Financially, the company achieved positive Adjusted EBITDA and revenue growth, signaling a strong foundation for future profitability. Key operational highlights include on-time pickup promises and Women+ Connect feature. The company anticipates positive Free Cash Flow in 2024. Lyft will host its first Investor Day in June 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.12%
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Rhea-AI Summary
Lyft (LYFT) announces record-breaking full-year gross bookings and riders, plans first Investor Day in June 2024. Financially, the company saw growth in gross bookings and revenue, with a net loss decrease. Operational highlights include increased rides and active riders, on-time pickup promise, and successful Women+ Connect feature. Q1'24 outlook and FY'24 directional commentary show positive growth expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.12%
Tags
Rhea-AI Summary
Lyft, Inc. (Nasdaq: LYFT) will release financial results for the fourth quarter and full-year 2023 on February 13, 2024. The company will host a conference call to discuss these results and business highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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Rhea-AI Summary
Lyft, Inc. (Nasdaq: LYFT) CFO to Speak at Barclays Global Technology Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
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conferences
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Rhea-AI Summary
Lyft Inc. (NASDAQ:LYFT) and EVCS announce a new partnership program offering discounted charging on the EVCS network for Lyft's Standard and Pro EV drivers. The program covers all EVCS charging stations in California, Oregon, and Washington, providing exclusive discounts on pay-as-you-go and monthly subscription plans, with Pro drivers receiving the highest discounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
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none
Rhea-AI Summary
LYFT: Lyft, Inc. announced Q3 2023 financial results, highlighting 15% YoY growth in Gross Bookings, $3.554 billion, 20% YoY growth in Rides, 187 million, and $92.0 million in Adjusted EBITDA. The company also introduced Women+ Connect in 50+ cities and towns, and launched in-app advertising. Q4'23 outlook: Gross Bookings $3.6-3.7 billion, Adjusted EBITDA $50-60 million, and Adjusted EBITDA margin 1.4-1.6%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
Tags
Lyft Inc

Nasdaq:LYFT

LYFT Rankings

LYFT Stock Data

7.50B
355.30M
9.55%
77.81%
12.24%
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About LYFT

lyft was founded in 2012 by logan green and john zimmer to improve people’s lives with the world’s best transportation, and is available to approximately 95 percent of the united states population as well as select cities in canada. lyft is committed to effecting positive change for our cities by offsetting carbon emissions from all rides, and by promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.