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Lyft shares skid 35% over fears that Uber is speeding ahead

Por: New York Post Business February 10, 2023

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Lyft shares fell 35% on Friday after a bleak forecast fueled worries that the company will have to cut prices and sacrifice profit to avoid being a  in the North American ride-sharing market. The companies have been coming off the pandemic lows, with latest earnings showing Uber’s global presence and more diversified business were giving it an edge over rideshare- and US-focused Lyft. “Uber benefits from having a global rideshare model,... + full article



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