Group 1 - Lyft, Inc. achieved a new all-time high share price of $23.50 during intra-day trading, closing at $22.84, reflecting a 13.13% increase [1] - The surge in Lyft's stock price is attributed to its partnership with Waymo to launch autonomous driving services in Nashville, Tennessee [1][2] - Under the partnership, Lyft will manage vehicle maintenance, infrastructure, and depot operations for the Nashville fleet through its subsidiary Flexdrive [2] Group 2 - Lyft will construct a dedicated facility for managing the autonomous vehicle fleet, which will include charging and vehicle service capabilities [3] - Lyft's CEO, David Risher, emphasized the synergy between Waymo's autonomous technology and Lyft's customer service and fleet management expertise [3]
Lyft (LYFT) Rockets to New Record High on Nashville Autonomous Driving Launch