UBS Downgrades Lyft to Neutral, Lowers Price Target to $16
UBS analyst Lloyd Walmsley downgrades Lyft (NASDAQ:LYFT) from Buy to Neutral and lowers the price target from $50 to $16.
Rising Wait Times And Higher Pricing For Uber? It Is Because Mobility Demand Has Hit Peak Levels, Analyst Says
Needham analyst Bernie McTernan reiterated a Buy on Uber Technologies, Inc (NYSE:UBER) with a $52 price target. In his 14th Mobility Tracker, wait…
Why Uber And Lyft Shares Are Diving
Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) shares are trading lower by 4.59% to $29.07 and 6.18% to $14.96, respectively, Thursday morning amid possible recession fears, which could cause con
10 Things That Didn’t Exist Last Time Interest Rates Were This High
This afternoon, the FOMC is expected to announce a 75-basis point (BPS) rate hike, bringing federal fund rates to the 300-325 BPS range. This means interest rates will be between 3-3.25% for the first time since before the financial crisis in 2007-2008. More specifically, the Fed began cutting rates in September 2007, bringing rates to 3% by January 2008.
Is Lyft For Sale? This Analyst Believes Takeover Rumors Have ‘Little Validation’
Lyft Inc. (NASDAQ: LYFT) stock has significantly outperformed peers, rising 14% on a potential takeover bid, despite no sources validating these speculations, according to Bank of America Securities.
Why Virios Therapeutics Is Trading Lower By 75%, Here Are 44 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Crown ElectroKinetics Corp. (NASDAQ: CRKN) shares jumped 51% to $0.4957. Crown ElectroKinetics, last month, posted a Q4 net loss of $4.5 million.
Analyzing Lyft’s Short Interest
Lyft's (NASDAQ:LYFT) short percent of float has risen 6.55% since its last report. The company recently reported that it has 37.19 million shares sold short, which is 14.48% of all regular shares that are available for trading.
Cognex, Oxford Industries And Some Other Big Stocks Moving Higher On Tuesday
U.S. stocks traded lower, with the Dow Jones dropping more than 400 points on Tuesday. Here are some big stocks recording gains in today’s session.
10 Industrials Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
23 Things That Didn’t Exist When Tom Brady Entered The NFL: Tesla, Bitcoin, iPhones, Social Media And More
Tom Brady announced his retirement from the National Football League Wednesday after 23 seasons in the league.