If you look at the market’s reaction to Uber’s quarterly results, out this morning, you might think the company performed poorly. The stock is down about 6%, most likely because […]
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Back to news homeTepid investor reaction clouds Lyft’s new strategy
The company’s bet on a slimmer, more-focused business echos tech’s trend of doing more with less Alex Wilhelm Anna Heim 8 hours Shares of Lyft are off sharply this morning, […]
Here’s why Uber investors are cheering its Q1 earnings results
It’s tempting to assume that the ride-hailing model is going the way of moribund businesses, especially in the wake of Lyft’s well-publicized layoffs and executive turnover. But Uber’s earnings results […]