The Latest Breaking News from Lyft

Lyft, Inc (NASDAQ: LYFT) is set to print its third-quarter earnings after the markets close on Monday. The stock has been heavily beaten down since reaching an all-time high of $68.28 on March 18, 2021.

SACRAMENTO, Calif. — A California ballot measure to raise taxes on multimillionaires to subsidize zero-emission vehicle programs, which has pitted Gov. Gavin Newsom against his own political party and the ride-sharing company Lyft, is narrowly favored by voters but remains in jeopardy.

Reuters

SACRAMENTO, Calif. — Here is a final unvarnished, admittedly biased summary of the seven propositions on the state ballot.

Benzinga

This November, voters in just two states will decide on environmental issues. But there's a lot at stake

Lyft and Uber are proving instrumental in rolling out driverless technology

A California ballot measure that would tax the rich to pay for electric vehicle programs has divided Democrats

Proposition 30 would raise up to $5bn annually to help buy zero-emission cars, trucks and buses; Newsom calls it a ‘Trojan horse’

Analysts have highlighted a buying opportunity in shares of Lyft Inc (NASDAQ: LYFT) driven by multiple catalysts paired with overly negative sentiment, creating a favorable risk-reward setup. 

Someone with a lot of money to spend has taken a bullish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.