20-03-2020 15:23 via feedproxy.google.com

For Uber and Lyft, this week has been a wild ride

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Uberand Lyft have been on quite a ride this year. After enjoying modest gains earlier this year thanks to an improved profitability forecast from Uber, the two companies saw their share prices gain ground after a difficult 2019. Then COVID-19 began to shutter the world, pushing its share prices so low that we recently felt compelled to write about their declines; losses that ste
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