Another day, another sellside damage control dumpster fire, as a former Wall Street darling carshes and burns, in this case the 2nd biggest ride-hailing firm, Lyft, whose stock is cratering by the most on record this morning, plunging 30% to just above $21, the lowest price since December 2020...
But, but, they’re woke!
Lyft, Uber will cover legal fees for drivers sued under Oklahoma abortion law
Just sickening, isn’t it, Rusty?
Who the heck is covering all of the losses for these ‘woke’ companies, is what I want to know.