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
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
fell 4.4% in the morning session after its autonomous vehicle partner, Waymo, announced it would team up with rival Lyft for its upcoming robotaxi expansion in Nashville.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 14.7% in the morning session after the company announced a new partnership with Alphabet's Waymo to launch an autonomous ride-hailing service in Nashville in 2026.
Let's delve into the US markets on Wednesday and uncover the stocks that are experiencing notable gaps in today's session. Below, you'll find the gap up and gap down stocks.
Lyft (“Lyft”) (NASDAQ: LYFT), a global mobility platform, and Waymo, the world’s leading autonomous driving technology company, today announced a new partnership to bring Waymo’s fully autonomous ride-hailing service to Nashville in 2026.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
fell 2.2% in the afternoon session after competitor Waymo received approval to operate its autonomous vehicles at San Francisco International Airport (SFO).
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 4.4% in the morning session after an analyst highlighted the potential benefits of pending legislation in California.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
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.
