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Tag: Lyft stock

  • Q4 & Fiscal 2021 Results: Lyft Inc. (LYFT) stock Drops Down After Hours

    On February 08, Lyft Inc. (LYFT) declared its financial results for the fourth quarter and full-year 2021. Resultantly, the stock plunged down in the after-hours on Tuesday.

    The anticipation of the earnings and positive expectations of the investors caused the stock to trade at a heavy volume of 20.23 million shares in regular trading. At 317% of its average volume, LYFT added 5.75% at its closing price of $41.20 during the regular session. Following the earnings release, the stock suffered a hit of 5.46%, losing what is gained, in the after hours. Hence, LYFT was trading at $38.95 per share at an after-hours volume of 5.67 million on Tuesday.

    The online social rideshare community platform provider, Lyft Inc. has a market capitalization of $13.2 billion. Currently, the company has 332.12 million shares outstanding in the market.

    LYFT: Q4 2021

    In Q4 2021, the company generated $969.9 million in revenue against $569.9 million in the year-ago period. Thus, marking a YOY growth of 70%.

    LYFT had an adjusted net income of $32.1 million in Q4 2021, against an adjusted net loss of $185.3 million in the year-ago quarter.

    Moreover, the company had unrestricted cash, cash equivalents, and short-term investments of $2.3 billion on December 31, 2021.

    Additionally, in Q4 2021, the active riders were 18,728 with an increase of 49.2% YOY.

     Full Fiscal 2021

    For fiscal 2021, the company declared revenue of $3.2 billion, against $2.4 billion in the previous year. This marks a growth of 36% YOY.

    Furthermore, the company had an adjusted income of $82.2 million for fiscal 2021, against an adjusted net loss of $828.9 million in the previous year.

    In addition, during the earnings call, the company’s CFO provided guidance of $800 to $850 million for Q1 2022. Comparatively, Wall Street’s consensus estimate for the quarter was $986 million in revenue.

     Business Highlights

    LYFT has been known to partner with various companies for providing a great experience to its customers. Some of its recent partnerships include:

    Firstly, partnership with Vita Coco, a leading coconut water brand. On New Year’s Eve, the companies partnered for discounts on rides along with hydrating coconut water for the celebrators.

    Secondly, the company and on-demand commerce platform Olo also entered a partnership for delivering digital orders for Olo’s network of restaurant brands.

    LYFT: CFO Transition

    On December 2, the company announced the appointment of Elaine Paul as its CFO, effective January 03. Paul replaced the previous CFO Brian Roberts who stepped down from the role.

  • Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    HL Acquisitions Corp. (HCCH) is up more than 5.38% at $25.25 in pre-market hours Monday December 07, 2020. The firm recently reported that that the shareholders of HL have approved the business combination between HL and Fusion Fuel at an annual general meeting of shareholders. The stock had jumped over 27.65% to $23.96 in the last trading session.
    China HGS Real Estate Inc. (NASDAQ: HGSH) shares are trading down -17.83% at $2.12 at the time of writing. Company’s 52-week ranged between $0.48 to $4.40.
    Cinedigm Corp. (CIDM) grew over 4.07% at $0.7269 in pre-market trading today after announcing eight additional linear streaming channels are now available on Rad’s fast-growing global streaming platform.
    Before the trading started on December 07, 2020, PDS Biotechnology Corporation (PDSB) is down -7.49% to reach $2.47. It has been trading in a 52-week range of $0.62 to $4.98.
    Pioneer Power Solutions Inc. (PPSI), a Electrical Equipment & Parts company, dropped about -6.59% at $4.11 in pre-market trading Monday. The company lately declared that it has finalized a conclusive settlement with Myers Power Products, Inc., a specialty electrical products manufacturer.
    Castor Maritime Inc. (NASDAQ: CTRM) shares are trading down -3.25% at $0.1935 at the time of writing. Company’s 52-week ranged between $0.11 to $2.60.
    RMG Acquisition Corp. (RMG) is down more than -5.62% at $17.31 in pre-market hours Monday December 07, 2020. The firm recently announced the nomination of Paul Williams to serve on the board of directors of Romeo Power upon consummation of merger. The stock had jumped over 19.95% to $18.34 in the last trading session.
    Before the trading started on December 07, 2020, Energy Fuels Inc. (UUUU) is up 6.2% to reach $2.74. It has been trading in a 52-week range of $0.78 to $2.42.
    Safe-T Group Ltd (SFET) stock soared 20.49% to $1.47 in the pre-market trading. The technology firm recently declared that it will hold a virtual event – webinar with Fujitsu, a global information and communication technology (ICT) company, on December 10, 2020.
    Before the trading started on December 07, 2020, ENGlobal Corporation (ENG) is up 4.42% to reach $1.89. It has been trading in a 52-week range of $0.46 to $4.32.
    Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) shares are trading down -6.96% at $1.47 at the time of writing after reporting that it will provide its QuadSight® multispectral vision solution, and is expected to receive approximately one million USD from the European Commission through the Horizon 2020 framework program. Company’s 52-week ranged between $0.46 to $1.95. Analysts have a consensus price target of $16.
    Hennessy Capital Acquisition Corp. IV (HCAC) is up more than 16.13% at $15.62 in pre-market hours Monday December 07, 2020. The stock had jumped over 10.52% to $13.45 in the last trading session.
    Sesen Bio Inc. (SESN) is up more than 4.58% at $1.6 in pre-market hours Monday December 07, 2020. The firm recently revealed partnership with Hikma Pharmaceuticals for the commercialization of Vicineum™ in the Middle East and North Africa. The stock had jumped over 15.04% to $1.53 in the last trading session.
    Before the trading started on December 07, 2020, Apache Corporation (APA) is down -2.5% to reach $14.8. It has been trading in a 52-week range of $3.80 to $33.77.
    BlackBerry Limited (NYSE: BB) shares are trading down -2.7% at $8.29 at the time of writing after declaring that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. Company’s 52-week ranged between $2.70 to $9.69.
    TechnipFMC plc (NYSE: FTI) shares are trading down -3.41% at $9.92 at the time of writing. Company’s 52-week ranged between $4.49 to $21.84.
    Nesco Holdings Inc. (NSCO) tumbled over -12.41% at $5.86 in pre-market trading today as the firm revealed that it has entered into a definitive agreement to acquire Custom Truck One Source (“CTOS”) for a purchase price of $1.475 billion.
    Penn Virginia Corporation (PVAC) is down more than -2.05% at $9.55 in pre-market hours Monday December 07, 2020. The stock had jumped over 7.50% to $9.75 in the last trading session.
    Uranium Energy Corp. (UEC) stock soared 11.57% to $1.35 in the pre-market trading after reporting that the U.S. Senate Committee on Environment and Public Works (EPW) has approved a bipartisan bill entitled the American Nuclear Infrastructure Act (ANIA). The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Lyft Inc. (NASDAQ: LYFT) shares are trading up 2.67% at $47.33 at the time of writing. Company’s 52-week ranged between $14.56 to $54.50.
    Verb Technology Company Inc. (VERB) grew over 2.46% at $1.25 in pre-market trading today. The firm lately revealed that it will deliver a presentation at the Benzinga Global Small Cap Conference being held December 8-9, 2020.
    TransEnterix Inc. (TRXC) is down more than -7.22% at $0.47 in pre-market hours Monday December 07, 2020. The stock had jumped over 6.63% to $0.51 in the last trading session.
    FuelCell Energy Inc. (FCEL), a Electrical Equipment & Parts company, rose about 3.77% at $8.25 in pre-market trading Monday following the closing of public offering of 39,696,320 shares of common stock.
    Before the trading started on December 07, 2020, Senseonics Holdings Inc. (SENS) is up 9.28% to reach $0.4699. It has been trading in a 52-week range of $0.35 to $1.78.
    Before the trading started on December 07, 2020, The Macerich Company (MAC) is down -2.44% to reach $11.6 after declaring that the Company has earned Bureau Veritas SafeGuard™ Hygiene Excellence and Safety Certification for key properties. It has been trading in a 52-week range of $4.56 to $26.20.
    Southwestern Energy Company (SWN) stock plunged -2.33% to $2.93 in the pre-market trading. The most recent rating by UBS, on December 01, 2020, is a Sell.
    Gamida Cell Ltd. (GMDA) is up more than 7.6% at $7.5 in pre-market hours Monday December 07, 2020 after reporting in an oral presentation the updated and expanded results from a Phase 1 clinical study of GDA-201. The stock had jumped over 5.61% to $6.97 in the last trading session.
    Sintx Technologies Inc. (NASDAQ: SINT) shares are trading up 2.45% at $2.09 at the time of writing. Company’s 52-week ranged between $0.28 to $3.30.
    Matinas BioPharma Holdings Inc. (MTNB) grew over 12.84% at $1.23 in pre-market trading today after announcing collaboration with the National Institute of Allergy and Infectious Diseases to evaluate oral formulations of Gilead’s antiviral remdesivir utilizing Matinas’ LNC Platform delivery technology.

  • What changed for these 50 stocks in Pre-Market Session?

    What changed for these 50 stocks in Pre-Market Session?

    Naked Brand Group Limited (NAKD) stock plunged -10.0% to $0.26 in the pre-market trading.

    Arcimoto Inc. (NASDAQ: FUV) shares are trading down -8.25% at $14.68 at the time of writing after Arcimoto and the city of Orlando launched a joint municipal pilot program to test ultra-efficient Electric Vehicles in city fleets. The company’s 52-week range was noted as $0.97 to $10.49. Analysts have a consensus price target of $8.

    HighPoint Resources Corporation (HPR) tumbled over -5.56% at $10.7 in pre-market trading today after Laredo Petroleum announced the appointment of Jarvis Hollingsworth and Lori Lancaster to the board of directors.

    Phoenix New Media Limited (FENG), an Internet Content & Information company, dropped about -4.29% at $2.23 in pre-market trading Friday after the company announced a special cash dividend of US$1.3712 per ADS.

    Ayro Inc. (AYRO) stock moved up 7.12 percent to $6.62 in the pre-market trading as the company revealed Q3 results.

    Titan Pharmaceuticals Inc. (TTNP) gained over 59.94% at $0.2735 in pre-market trading Friday 20 November 2020 following the announcement of its quarterly results.

    VAALCO Energy Inc. (EGY) is down more than -6.21% at $1.66 in pre-market hours Friday 20 November 2020 as the company announced that it has signed a sale and purchase agreement to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. The stock had jumped over 31.11% to $1.77 in the last trading session.

    Before the trading started on 20 November 2020, CIIG Merger Corp. (CIIC) is down -3.18% to reach $16.46. It has been trading in a 52-week range of $9.30 to $13.70.

    Kandi Technologies Group Inc. (KNDI) stock plunged -1.53% to $14.19 in the pre-market trading as the news surfaced that the company’s EV is entitled to a $2,500 Rebate in Texas.

    Nano Dimension Ltd. (NASDAQ: NNDM) shares are trading down -28.33% at $4.2 at the time of writing after the company revealed it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company’s American Depositary Shares at a price of $4.00 per ADS pursuant to a registered direct offering. The company’s 52-week range was noted as $0.51 to $6.00. Analysts have a consensus price target of $8.

    Medigus Ltd. (MDGS) tumbled over -0.81% at $2.45 in pre-market trading today. Correction after the news that the company aimed to form a joint venture with EMuze founders to develop and potentially commercialize EV-based micro-mobility vehicles for urban and logistics transportation.

    TransAtlantic Petroleum Ltd. (TAT), an Oil & Gas E&P company, rose about 13.65% at $0.2839 in pre-market trading Friday as the company revealed its Q3 results as offered a business update.

    Hudson Capital Inc. (HUSN) stock moved down -6.69 percent to $2.51 in the pre-market trading after the report of Hudson Capital Inc. and FreightHub, Inc. progressed further with the planned merger.

    Youdao Inc. (DAO) lost over -2.21% at $29.25 in pre-market trading Friday 20 November 2020 after the company reported third-quarter 2020 unaudited financial results.

    Jumia Technologies AG (JMIA) is down more than -2.6% at $23.6 in pre-market hours Friday 20 November 2020 after the reported that the company is finally narrowing losses after the pandemic forced a strategy shift. The stock had jumped over 18.37% to $24.23 in the last trading session.

    Before the trading started on 20 November 2020, CBAK Energy Technology Inc. (CBAT) is down -3.43% to reach $7.33. It has been trading in a 52-week range of $0.36 to $11.40.

    Polar Power Inc. (POLA) stock plunged -3.15% to $4.0 in the pre-market trading. The most recent rating by ROTH Capital, on November 07, 2017, is at a Neutral.

    Westwater Resources Inc. (NASDAQ: WWR) shares are trading up 5.48% at $6.16 at the time of writing after the company revealed Q3 results and offered a business update. The company’s 52-week range was noted as $0.25 to $14.50.

    Oragenics Inc. (OGEN) tumbled over -18.33% at $0.4296 in pre-market trading today after the Company announced that it has commenced a proposed underwritten public offering of common stock of the Company.

    Euroseas Ltd. (ESEA), a Marine Shipping company, dropped about -22.56% at $3.09 in pre-market trading Friday after the firm posted results for the nine-month period and the quarter ended September 30, 2020.

    Fuel Tech Inc. (FTEK) stock moved up 4.5 percent to $1.16 in the pre-market trading as the company revealed Q3 earnings report.

    SPI Energy Co. Ltd. (SPI) lost over -3.1% at $8.45 in pre-market trading Friday 20 November 2020 after the firm closed the sale of a 1.015-megawatt solar project in Maui, Hawaii.

    SG Blocks Inc. (SGBX) is down more than -12.28% at $2.5 in pre-market hours Friday 20 November 2020 after the publications reported that SG Blocks to deliver up to 7,000 COVID-19 PCR tests per shift leveraging Its state-of-the-Art D-TEC module lab solutions. The stock had jumped over 8.78% to $2.85 in the last trading session.

    Before the trading started on 20 November 2020, Senmiao Technology Limited (AIHS) is down 0.0% to reach $1.16, as the company revealed that it has recently launched Xixingtianxia, its own proprietary online ride-sharing platform, to drivers and riders in Chengdu, China, one of its core cities with a population of approximately 16 million. It has been trading in a 52-week range of $0.26 to $2.35.

    Teligent Inc. (TLGT) stock soared 11.65% to $0.6 in the pre-market trading after the company revealed adjournment of a special meeting of stockholders. The most recent rating by Craig Hallum, on August 20, 2020, is at a Hold.

    Waitr Holdings Inc. (NASDAQ: WTRH) shares are trading up 13.45% at $3.88 at the time of writing after the company revealed a Q3 earnings beat. The company’s 52-week range was noted as $0.26 to $5.85. Analysts have a consensus price target of $8.

    Ocean Power Technologies Inc. (OPTT) grew over 7.43% at $2.17 in pre-market trading today after the company revealed receipt of a DeepStar project award to study the deployment and operational requirements of utilizing OPT’s PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications.

    Artelo Biosciences Inc. (ARTL), a Biotechnology company, rose about 42.51% at $0.8301 in pre-market trading Friday after the company announced receipt of the Clinical Trial Authorization in the UK for the Company’s Cancer Appetite Recovery Study.

    U.S. Energy Corp. (USEG) stock moved up 4.96 percent to $3.6 in the pre-market trading as the company revealed Q3 fiscal and operating results.

    Insignia Systems Inc. (ISIG) lost over -4.4% at $0.87 in pre-market trading Friday 20 November 2020 after the company revealed Q3 and nine months results.

    ADiTx Therapeutics Inc. (ADTX) is down more than -3.43% at $1.97 in pre-market hours Friday 20 November 2020. The stock had jumped over 5.70% to $2.04 in the last trading session. after company secures CLIA certification for AditxtScore Laboratory Operations in Richmond, VA, and plans to launch AditxtScore for COVID-19 as a lab-developed test.

    Before the trading started on 20 November 2020, FuelCell Energy Inc. (FCEL) is down -2.99% to reach $5.2 after the stock rally forced analysts to keep the stock status recommended. It has been trading in a 52-week range of $0.48 to $5.80.

    Lightbridge Corporation (LTBR) stock plunged -5.14% to $2.95 in the pre-market trading as the company revealed Q3 results.

    GSX Techedu Inc. (NYSE: GSX) shares are trading down -12.17% at $62.67 at the time of writing after the firm revealed its third-quarter 2020 results. The company’s 52-week range was noted as $14.21 to $141.78. Analysts have a consensus price target of $38.

    Reed’s Inc. (REED) tumbled over -21.09% at $0.5998 in pre-market trading today. Reed’s Inc after the company revealed outlook for fiscal 2021.

    Hibbett Sports Inc. (HIBB), a Specialty Retail company, rose about 6.81% at $45.0 in pre-market trading Friday after firm earnings results topped estimates.

    Amarin Corporation plc (AMRN) stock moved up 16.74 percent to $5.3 in the pre-market trading as the company shared topline data from the pivotal phase 3 study of VASCEPA® in mainland China.

    Ocugen Inc. (OCGN) gained over 6.48% at $0.34 in pre-market trading Friday 20 November 2020 as the company revealed a business update with Q3 results.

    Vaxart Inc. (VXRT) is up more than 0.51% at $5.94 in pre-market hours Friday 20 November 2020 after the company announced hosting a key opinion leader panel call for investors. The stock had jumped over 3.68% to $5.91 in the last trading session.

    Before the trading started on 20 November 2020, Spectrum Pharmaceuticals Inc. (SPPI) is down -2.12% to reach $4.15. It has been trading in a 52-week range of $1.74 to $10.57.

    Workday Inc. (WDAY) stock plunged -2.9% to $224.11 in the pre-market trading after the company announced fiscal 2021 third-quarter financial results. The most recent rating by Piper Sandler, on October 20, 2020, is at an Overweight.

    NovaBay Pharmaceuticals Inc. (AMEX: NBY) shares are trading up 16.24% at $0.68 at the time of writing as the company published its Q3 earnings report. The company’s 52-week range was noted as $0.24 to $1.94. Analysts have a consensus price target of $1.10.

    Seelos Therapeutics Inc. (SEEL) tumbled over -6.84% at $0.7521 in pre-market trading today after the company received US orphan drug designation for SLS-005 in Amyotrophic Lateral Sclerosis.

    Catalyst Pharmaceuticals Inc. (CPRX), a Biotechnology company, dropped about -2.71% at $3.23 in pre-market trading Friday after analysts changed forecast following an earnings beat.

    360 DigiTech Inc. (QFIN) stock moved up 9.21 percent to $13.52 in the pre-market trading as the company revealed third quarter 2020 Unaudited financial results.

    Lyft Inc. (LYFT) lost over -2.77% at $39.0 in pre-market trading Friday 20 November 2020 following a report that Motional got approval to test fully driverless vehicles in Nevada.

    Corbus Pharmaceuticals Holdings Inc. (CRBP) is down more than -2.48% at $1.18 in pre-market hours Friday 20 November 2020. The stock had jumped over 0.83% to $1.21 in the last trading session.

    Before the trading started on 20 November 2020, BOQI International Medical Inc. (BIMI) is down -2.2% to reach $1.78. It has been trading in a 52-week range of $1.50 to $7.40 following the announcement of its quarterly results.

    FireEye Inc. (FEYE) stock soared 13.97% to $16.23 in pre-market trading. The most recent rating by BMO Capital Markets, on July 29, 2020, is at a Market performance after the firm revealed the acquisition of respond software.

    Akerna Corp. (NASDAQ: KERN) shares are trading down -2.91% at $2.67 at the time of writing after the report that cannabis sales expected to reach approximately $270M over thanksgiving weekend. The company’s 52-week range was noted as $2.17 to $13.50. Analysts have a consensus price target of $18.