Lyft (LYFT) announces restructuring, will cut 1% staff
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
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
