Tag: NYSE: LYFT

Technology Stocks

Uber Technologies Inc. (NYSE: UBER) And Lyft Inc. (NYSE: LYFT) Facing Driver Shortage As Demand Recovers

The ride-hailing market seems to be improving, with Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NYSE: LYFT) reporting earnings that topped expectations. Ride-hailing demand is outstripping labor supply putting drivers in control, and the strengthening economy could achieve what activists failed to attain, which is benefits and better pay.  […]