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Stocks for Lyft slide after their new CEO says its not up for sale
San Francisco Ride-hailing company LYFT is watching stocks swing after yesterday's appointment of their new CEO David Risher gave shares a boost as investors believed he'd sell the company. Today stocks sliding after Risher told Bloomberg TV that LYFT is not for sale.
For more, KCBS Radio's Holly Quan spoke with Bloomberg Technology co-host Ed Ludlow.
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San Francisco Ride-hailing company LYFT is watching stocks swing after yesterday's appointment of their new CEO David Risher gave shares a boost as investors believed he'd sell the company. Today stocks sliding after Risher told Bloomberg TV that LYFT is not for sale.
For more, KCBS Radio's Holly Quan spoke with Bloomberg Technology co-host Ed Ludlow.
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