Uber and Lyft have seen their rides businesses plummet over the last several months, largely because of the coronavirus pandemic. And based on the companies’ third-quarter earnings, it doesn’t look like that’s changing. But with Uber and Lyft maintaining an optimistic tone and promising profitability in the not-so-distant future, stock prices have shown only modest drops, ranging from decreases of 2% to 5%.
“It’s hard to believe that it’s been eight months since I first spoke with you about the coronavirus pandemic,”…
Source CNET Tech
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