Your email has been successfully added to our mailing list.

×
-0.00119856172592893 -0.00180583300039957 0.00159808230123848 0.00107071514182986 0.00239712345185772 0.00279664402716741 -0.00399520575309634 -0.00439472632840589
Stock impact report

Engine Capital Is Pushing For Strategic Review Of Lyft [Yahoo! Finance Canada]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
strategic review of the ride-hailing app, according to a letter reviewed by Bloomberg News. Most Read from Bloomberg The activist investor, which has about a 1% stake, has been engaging with Lyft management in recent weeks to express concerns about the company's stock price, strategic positioning and corporate governance, the letter showed. Engine Capital wants Lyft to announce a strategic review, improve capital allocations and eliminate its dual-class share structure. It has also presented candidates for the board. The stake is worth about $50 million, according to a person familiar with the matter, who asked to not be identified discussing confidential information. A representative for Lyft didn't immediately provide a comment. A representative for Engine Capital declined to comment. Shares in Lyft have lost more than a third of their value over the last 12 months, giving it a market capitalization of about $5.3 billion. The stock rose 4.1% at 1:03 p.m. in New York tradin Show less Read more
Impact Snapshot
Event Time:
LYFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LYFT alerts
Opt-in for
LYFT alerts

from News Quantified
Opt-in for
LYFT alerts

from News Quantified