Lyft says it will be profitable a year ahead of schedule, stock surges - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher

The news sent Lyft shares surging as much as 11%, their biggest intraday increase since the stock's first day of public trading in late March. Uber's stock also got a boost, climbing almost 8% at its intraday peak.

"We've never laid out our path to profitability and we know that's a question on a lot of investors minds," CEO Logan Green said in a live interview at the conference. "We are going to be profitable on an adjusted EBITDA basis a year before investors expect us to."

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Facebook deletes fake accounts from Iran, Russia ahead of US election - Business InsiderFacebook CEO Mark Zuckerberg said the social media platform is prepared to fight interference in the 2020 election, but the task is never-ending. ooooh -'dozens' - look out!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Investing advice, book recommendation for tech stocks from top manager - Business InsiderAn investor who got in early on a small tech stock that's earned 110% this year shares the book that helps him spot explosive companies — and explains how it's changed his worldview
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

13 high-dividend-growth stocks trading at low valuations: Goldman - Business InsiderWall Street has fallen in love with stocks that pay big dividends, and Goldman says they're still the cheapest in a decade. Here are the 13 the firm recommends most. EINSTEIN seems so happy here
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Peloton stock analysts initiate coverage, are overwhelmingly bullish - Business InsiderPeloton just got a slew of 'buy' ratings from analysts who think the bike company is poised for major growth and could turn profit within five years.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »