25, Jun, 2022
Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more

midday:

Shares of Lyft tumbled about 30% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to attract more drivers, due to surging gas prices. Uber — The ride-hailing app saw its stock drop nearly 4.7% after the company posted a massive loss on investments. Uber reported […]

Check out the companies making headlines midday Wednesday: Facebook — Facebook shares surged after the social media giant posted quarterly earnings that easily beat expectations. The company’s quarterly revenue also topped estimates. Average revenue per user, a key metric for Facebook, came in at $7.37, above an estimate of $7.11. […]