Form 8-K Lyft, Inc. For: Sep 04
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BTIG Reiterates Neutral Rating on Lyft (LYFT)
September 4, 2024 4:08 PM EDTBTIG analyst Jake Fuller reiterated a Neutral rating on Lyft (NASDAQ: LYFT).
The analyst comments "We are updating estimates to bring 3Q bookings up slightly (healthy QTD trends) and to layer in $20M of annualized savings related to a bike-scooter restructuring announced this... More
Lyft (LYFT) announces restructuring, will cut 1% staff
September 4, 2024 7:43 AM EDT
On September 4, 2024, Lyft (NASDAQ: LYFT) announced a restructuring plan related to its bikes and scooters transportation mode as part of its efforts to align strategic priorities and to reduce operating costs. The plan involves the disposal of certain assets related to the bikes and scooters operations and the... More
