Lyft Inc Class A
21.34 - 22.62
14.56 - 54.5
Echofin Members Consensus
US markets closed mostly lower yesterday, led by losses in technology and healthcare sector stocks. SmileDirectClub plunged 15.9%, as the company reported wider than expected loss in the second quarter. Cisco Systems declined 11.2%, after the company reported a revenue decline and issued a weak earnings guidance for the current quarter. Lyft dropped 5.4%, after the company’s revenue fell by more than half in the second quarter. Walt Disney eased 0.6%. The company announced that Disney agreed to provide a virus testing area outside the park that will be run by the Florida Division of Emergency Management. On the flipside, 3M advanced 1.0%, after reporting a improvement in its sales trends in July. The S&P 500 slipped 0.2%, to settle at 3,373.4. The DJIA fell 0.3%, to settle at 27,896.7, while the NASDAQ added 0.3%, to close at 11,042.5.
Next Dividend Date
Lyft, Inc. engages in the provision and management of online social rideshare community platform. It provides access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips, information about nearby public transit routes, and Lyft Rentals to offer riders a view of transportation options when planning any trip. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in 2007 and is headquartered in San Francisco, CA.
CEO: Logan D. Green
HQ: 185 Berry Street San Francisco, 94107 CA