Share of Uber and Lyft are trading lower amid overall market weakness s rising yields pressure growth stocks.
Portfolio Pulse from Benzinga Newsdesk
Shares of Uber and Lyft are trading lower due to overall market weakness and rising yields pressuring growth stocks.
October 18, 2023 | 7:48 pm
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NEGATIVE IMPACT
Lyft's stock is trading lower due to overall market weakness and rising yields.
Lyft's stock is being negatively impacted by the overall market weakness and rising yields, which are pressuring growth stocks. This could lead to a short-term decrease in Lyft's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Uber's stock is trading lower due to overall market weakness and rising yields.
Uber's stock is being negatively impacted by the overall market weakness and rising yields, which are pressuring growth stocks. This could lead to a short-term decrease in Uber's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100