Previous close | 30.62 |
Open | 30.53 |
Bid | 0.00 x 900 |
Ask | 0.00 x 1300 |
Day's range | 29.98 - 30.85 |
52-week range | 19.90 - 37.58 |
Volume | |
Avg. volume | 24,570,965 |
Market cap | 60.699B |
Beta (5Y monthly) | 1.22 |
PE ratio (TTM) | N/A |
EPS (TTM) | -4.52 |
Earnings date | 02 May 2023 - 08 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 47.60 |
Uber Technologies' Middle East subsidiary Careem is in advanced talks with Emirates Telecommunications Group Company to invest in its expansion into services beyond ride-hailing, five sources with knowledge of the matter told Reuters. Careem began seeking outside investors last year to help finance its Super App, which offers services outside its core ride-hailing business such as food delivery, bike rentals, digital payments and courier services. Careem's discussions with the company, formerly known as Etisalat Group and now called e&, are at an advanced stage and a deal could be announced soon, said the sources, declining to be named because the matter is not public.
Lyft (LYFT) continues to struggle, as evidenced by the 12.9% year-to-date decline in its shares.
(Reuters) -Lyft Inc's shares were down 3% in mid-day trading on Tuesday after incoming Chief Executive Officer David Risher said the ride-hailing firm was not for sale. The appointment of the new chief executive, who has run a non-profit for more than a decade, sparked some speculation that Lyft was preparing itself for sale. Wall Street initially cheered the management change at Lyft.