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LYFT Lyft Inc

17.36
0.52 (3.09%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lyft Inc NASDAQ:LYFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.52 3.09% 17.36 17.18 17.52 17.73 17.12 17.34 16,009,658 05:00:01

Uber Down 4%, Lyft Declines 5%

26/11/2021 7:41pm

Dow Jones News


Lyft (NASDAQ:LYFT)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Lyft Charts.
   By Josh Beckerman 
 

Uber Technologies Inc. fell 4% to $40.52 during Friday's shortened session, while Lyft Inc. was down 5% at $42.40, on a day of broad declines amid concerns about a new Covid-19 variant.

A Wednesday ruling by the Brussels Appeals Court was expected to result in the shutdown of most Uber service in Brussels, effective Friday evening. According to Politico Europe, Brussels officials said Friday that they had reached an agreement on taxi law reform.

Uber's stake in Chinese ride-hailing company Didi Global Inc. was a factor in Uber's $2.42 billion third-quarter loss. Bloomberg reported Thursday that China asked Didi to come up with a plan to delist in the U.S.

In 2020, Uber and Lyft suffered sharp declines in ride-hailing, while the Uber Eats service gained popularity.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

November 26, 2021 14:26 ET (19:26 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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