Lyft rolls out buyback, but outlook for key demand metric comes up short

Date:

February 11, 2025

Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive with rival Uber Technologies Inc. on prices and service.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Lyft rolls out buyback, but outlook for key demand metric comes up short

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