Lyft Inc is a transportation network company that operates a popular ride-hailing platform, connecting passengers with drivers through its mobile app. The company provides a convenient and cost-effective way for individuals to request rides in real-time, offering a variety of transportation options to suit different needs. In addition to its core ride-hailing services, Lyft also focuses on sustainable transportation solutions, including bike and scooter rentals, and has made efforts to expand its offerings to include partnerships in autonomous vehicle technology and public transportation initiatives. Lyft aims to enhance urban mobility while promoting a more environmentally friendly approach to transportation. Read More
Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. The new habits they’re cultivating are also unlocking the next leg of growth for the industry,
which has gained 30.3% over the past six months compared to 17.4% for the S&P 500.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 4% in the afternoon session after the latest Producer Price Index (PPI) report came in softer than expected, fueling speculation of an imminent interest rate cut by the Federal Reserve.
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Atlanta, GA - September 04, 2025 - Kendall Legal has reaffirmed its dedication to providing exceptional trial representation for individuals and families across Atlanta. Built on the foundation of trust, advocacy, and integrity, the firm continues to prioritize client interests with personalized strategies designed to secure meaningful outcomes.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
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Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced the pricing of $450 million aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Lyft also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date Lyft first issues the notes, up to an additional $50 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on September 5, 2025, subject to customary closing conditions, and is expected to result in approximately $438.8 million in net proceeds to Lyft after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by Lyft (assuming no exercise of the initial purchasers’ option to purchase additional notes).
Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference, on Tuesday, September 9, 2025 in San Francisco, CA at 1:45 p.m. Pacific Time.
Lyft plans to offer $450 million in convertible notes to institutional buyers, with an option for $50 million more. The proceeds will fund buybacks and potential deals.
Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $450 million aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Lyft also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date Lyft first issues the notes, up to an additional $50 million aggregate principal amount of the notes. The notes will be senior, unsecured obligations of Lyft, and interest will be payable semi-annually in arrears. Upon conversion, Lyft will pay cash up to the aggregate principal amount of the notes to be converted and pay or deliver, as the case may be, cash, shares of Lyft’s Class A common stock (“Class A common stock”) or a combination of cash and shares of Class A common stock, at Lyft’s election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the notes being converted. The interest rate, conversion rate and other terms of the notes are to be determined upon pricing of the offering.
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
fell 3.2% in the afternoon session after the company, along with rival Lyft, signed off on a deal to allow its California ride-hail drivers to unionize.
August 29, 2025 -- To help community members take the right steps, North Atlanta Injury Law is offering key public tips on what to do immediately following a collision.
