Lyft is not doing well, the market is sick of corona, and Disney brings dividends
Lyft reported its quarterly earnings report, and the company’s achievements are child’s play compared to Uber. For starters, Lyft stock is down 16% this year, while Uber is up 49%. Uber is making money moves entering everything from food delivery, logistics, helicopter ride-sharing, scooters to even ride reservations. Lyft on the other hand is just there. Click here to read more
Stocks fell yesterday after investors realised that the U.S. coronavirus cases are hitting dangerously high levels this week with a record of over 150,000 cases on Wednesday alone. It ironically comes just after the celebrated success of the coronavirus vaccine. Click here to read more
Disney fourth-quarter earnings are better than expected, and the share price is up 6%. With revenue higher than and losses lower, Disney’s future is looking good. Disney also plans to bring back dividends. More goodnews for investors. Click here to read more
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