Uber Stock Hits Record High, Lyft Has Best Day Ever In $18 Billion Ride Hailer Coup
ToplineShares of Uber and Lyft skyrocketed Wednesday after both firms projected stronger financial growth than expected, though Wall Street remains far more convinced about Uber’s prospects than Lyft’s.Shares of Lyft and Uber took off Wednesday.Getty Images Key FactsUber’s stock rose as much as 12% to above $77 shortly after market open after the company said Wednesday it expects higher-than-forecasted earnings growth over the next three years and will conduct $7 billion of share buybacks, the first stock r ...