The two ridesharing leaders beat the market for a second consecutive week, but only one of them moved higher.
News & Analysis: Lyft
The new Lyft Direct Debit card shows that the two companies are being smart in their approaches to the gig economy.
The two ridesharing leaders saw their stocks go up despite the market's overall losing week.
Positive news on several fronts helped give stocks a boost.
Lyft, SciPlay, and Uber have fallen below their IPO price tags this year, but all three are well positioned to claw their way back in the coming weeks and months.
LYFT earnings call for the period ending March 31, 2019.
Management now says 2019 will be a peak year for losses.
Mixed earnings, Uber's broken IPO, and China all weighed on Lyft's second worst weekly performance as a public company.
The Mouse notches a quarterly beat, while news with Uber helped drive Lyft stock.
Lyft shares fell despite the company reporting strong growth, and Electronic Arts beat expectations.