17 08, 2023

Lyft CEO Puts His Money Where His Mouth Is With $1.1m Stock Purchase: Should You Follow Suit?

By |2023-08-17T18:33:07+00:00August 17th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , |

Lyft (LYFT) has been trending positively over the past few months, and CEO David Risher has decided to hop aboard with an insider purchase of $1.15m in company stock. He flat out said, “I’m putting my money where my mouth is”. The purchase works out to 100,000 shares of the company’s common stock. Risher [...]

13 02, 2023

Lyft Falls 40% After Abysmal Earnings Report: Should You Cut Losses?

By |2023-06-16T18:27:18+00:00February 13th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , |

Friday’s trading session saw Lyft stock fall off a cliff after the ride-share company released its fiscal fourth-quarter earnings report for 2022. Shares dropped nearly 40% not necessarily because the company underperformed in the 4th quarter - but because they expect issues to persist into 2023. Lyft reported earnings per share of $0.29, [...]

28 11, 2022

Lyft Gets Downgraded After Earnings Report…is Now the Time to Sell – or is There Any Hope Left?

By |2023-06-16T18:27:25+00:00November 28th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , |

Lyft stock got a downgrade after reporting third-quarter earnings - despite an impressive, record-breaking performance. The stock hasn’t moved too much as a result of all this news. Nevertheless, investors are wondering if the time is up for the ridesharing company - or if there is still reason to hold onto hope. We’ve got [...]

22 09, 2022

Analyst Shuts Down Lyft Acquisition Rumors – Should You Sell Your Shares Now?

By |2023-06-16T18:27:30+00:00September 22nd, 2022|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , |

While Lyft stock has been in a perpetual decline for the last year and a half, the company experienced a nice bump in the past month amidst acquisition rumors. There were a few days over the past couple of weeks where the stock experienced over 10% gains. The rumor mill was that GM was [...]

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