We just held our first investor day. 🎉 An audience of investors and analysts joined us in NYC to hear: ⭐️ CEO David Risher on how Lyft's customer obsession engine will drive top line growth and margin expansion ⭐️ Jeremy Bird, EVP, driver experience, on how listening to drivers helps us deliver products that are highly relevant to their needs ⭐️ Audrey Liu, EVP, rider experience, on how a focus on partnerships and products makes rideshare more approachable and increases frequency ⭐️ Zach Greenberger, EVP, partner experience, on Lyft's partnership strategy and our growing Lyft Media advertising business ⭐️ CFO Erin Brewer on our new 2027 financial targets and commitment to longterm shareholder value creation Plus presentations about insurance, improvements in our marketplace, policy efforts, and much more. Check out the full replay here and hear from all of our team at: investor.lyft.com
N D
4mo
Today it traded 39.6 million shares. When a stock trades that many shares it usually is crushed because of bad news; and if it's good news it usually is up 4 to 5 points. Where did it close? Up 20 cents. Am I missing something here, a joke somewhere. In other words no matter what good news comes out in the future they will control the price of the stock and the direction of it; in this case the direction is down. If the markets get hit going into Summer Lyft will be going back to the $13 dollar range and then heading to $10.00. The handwriting is on the wall.
N D
4mo
You might want to consider getting listed on the NY Stock Exchange. There might be less manipulation by market makers and houses. You are a target, you are the smaller company against Uber. They are out to destroy your company's value by bringing the stock to its knees. Do they care, or do they only care about greed? At some point I have to make a decision to take my losses and move on. My billionaire friend can buy another million shares if it goes to $12 dollars and another million if it hits $10. I, and many other investors, can't afford that luxury.
N D
4mo
It seems like they control the stock, period. The greatest news can come out and they sell the hell out of it. I'm left wondering how much naked shorting is going on. Today was a perfect example. The stock ran up on news to $17.20 and managed to stay above $17.00 for the first 40 minutes of the day with about 7-8 million shares traded. There were over 7 million shares traded in the first 15 minutes of the market opening. That's been the average total shares traded daily for the past few weeks. Once they managed to get the stock under $17 they sold the stock down with an additional 33 million shares the rest of the day. The average volume the past 2 to 3 weeks has been around 7 to 8 million shares a day.
Derek Travers
4mo
Hi Lyft, I’m impressed with your ongoing efforts to innovate and improve the ride-sharing experience! I’ve identified a specific gap in ride-sharing that could further enhance user safety and convenience. I’ve developed a unique feature that aligns perfectly with Lyft’s mission and offers significant value. Based on a conservative estimate, with just a 1% adoption rate and each user utilizing the feature twice a year, this feature could generate approximately $30 million in annual revenue, translating to around $6 million in profit. However, with a modest increase to a 5% adoption rate and a doubled feature price, the annual profit potential could exceed $52 million. DM me to discuss this further.
N D
4mo
You have a great product, I'll ride Lyft any day over Uber. The drivers are nicer, better, on time and all speak English. But your company, if it wants to be around in the long term, needs to protect its stock also. Otherwise you won't survive if they take you down to the single digits. The CEO needs to really address this issue. Your stock should have closed today between $17.50 and $18.25. It closed under $16 which is a very bad sign. Almost 40 million shares traded today.
Jim Hertel
3mo
Dropping Google and Wave navigation from your platform is going to force drivers to stop using LYFT where LYFT Maps performs poorly like Disney World.
N D
4mo
Dear David Risher and Eric Brewer, I am a long term investor in Lyft on the advice of a friend that owns over 1 million shares and has a long term perspective on the company's growth. I can't help notice that the market makers in Lyft are completely manipulating your stock. They are ganging up, shorting it, and controlling the price movement. I
N D
4mo
read my post from starting with my first post to the last!
Felicia Bradshaw
4mo
Lyft STOLE! $1,301.20 of my $pay. Lyft STEALS! driver $pay, and then Lyft retaliate against drivers that complain.
Independent Business Owner at Evolution Interiors, Inc
4moI'd like to see you all rise and take market share from Uber and see your price above $40.00. But looks like they will keep your stock at $15 and under once the Summer hits. I'm not sure what the answer is but someone on your end needs to get to work on it pronto! Keep up the good work!, but pay attention to the manipulation. As of today Friday June 7th, 8 investment analyst upgraded your stock price after yesterday's investment conference. The stock traded up to $16.50. As of 11:30 am the stock is now trading flat on the day with 18 million shares traded. I hope you are able to solve the problem.