According to a new report by the Wall Street Journal, more than 80% of US listed IPOs over the first three quarters of 2018 involved companies that lost money in the trailing 12 month period leading up to their IPO.
The company who once claimed they would never need advertising and whose policy was once to "never" discount a car is now reportedly making an end of quarter push to boost both sales and deliveries by offering incentives and tapping into its owner-cult to help volunteer with deliveries.
Drivers who are working for Lyft and Uber have seen their earnings fall to nearly half of what they were just four years ago, according to a new study.
He tried to warn investors about the company's limited float and how it could cause volatility. Now, he doesn't have a job. Days after "leaving" Roth, the stock was halted 5 times in a day for volatility.