--- title: "U.S. Stock Market Update: LYFT up 7.19%" description: "LYFT rose 7.19%; Uber rose 3.47%, with a transaction volume of USD 935 million; Avis rose 4.35%, with a transaction volume of USD 148 million; Grab rose 2.58%, with a transaction volume of USD 6.889 m" type: "news" locale: "en" url: "https://longbridge.com/en/news/254219788.md" published_at: "2025-08-22T17:48:00.000Z" --- # U.S. Stock Market Update: LYFT up 7.19% > LYFT rose 7.19%; Uber rose 3.47%, with a transaction volume of USD 935 million; Avis rose 4.35%, with a transaction volume of USD 148 million; Grab rose 2.58%, with a transaction volume of USD 6.889 million; Hertz Global rose 8.19%, with a market value of USD 1.806 billion **U.S. Stock Market Midday Update** LYFT rose 7.19%, with increased trading volume. Based on recent important news: 1. On August 20, Lyft demonstrated sustained profitability and market growth, leading to a 7.19% increase in stock price. 2. On August 20, Lyft partnered with Mobileye and May Mobility to test autonomous vehicles, enhancing market competitiveness. 3. On August 20, analysts expect Lyft's revenue and EBITDA to grow significantly in the coming years. **Top Stocks by Industry Trading Volume** Uber rose 3.47%, with a trading volume of $935 million. Based on recent important news: 1. On August 22, Uber participated in a $203 million financing round for Nuro with NVIDIA, promoting the development of autonomous driving technology, resulting in a 3.47% increase in stock price. 2. On August 21, Uber signed an agreement with Lucid to deploy 20,000 autonomous taxis, with the market optimistic about its growth potential. 3. On August 20, Uber executives sold shares, attracting market attention, but it did not negatively impact the stock price. Avis rose 4.35%, with a trading volume of $148 million. Based on recent key news: 1. On August 21, BofA downgraded Avis to underperform, citing pressure on rental prices and demand, lowering the target price to $113, with expected earnings pressure continuing until 2026, leading to stock price volatility. 2. On August 21, competitor Hertz reached a sales agreement with Amazon, increasing market competitive pressure, affecting Avis's stock price. 3. On August 20, analysts lowered Avis's EBITDA expectations for 2025 and 2026, reducing the target price from $120 to $113, leading to a decline in market confidence. Grab rose 2.58%, with increased trading volume. Based on recent important news: 1. On August 20, Grab experienced abnormal price displays due to system issues, which have now been resolved, restoring user confidence and increasing stock price. 2. On August 21, Uber exited the region in 2018 while holding shares in Grab, leading to an optimistic market outlook on Grab's competitiveness, driving up stock price. 3. On August 21, companies like Naluri successfully raised funds, demonstrating the vitality of the Singapore market, indirectly boosting investor confidence in Grab. **Top Stocks by Industry Market Capitalization** Hertz rose 8.19%, with increased trading volume. Based on recent key news: 1. On August 20, Hertz announced a partnership with Amazon's automotive platform to sell used cars, resulting in a significant stock price increase after the announcement. 2. On August 20, Hertz stated plans to expand services to 45 locations nationwide, further enhancing market expectations On August 20th, Hertz's stock price rose 9.6% in pre-market trading, reflecting investors' positive response to the new partnership ### Related Stocks - [LYFT.US - LYFT](https://longbridge.com/en/quote/LYFT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | J.P. Morgan Sticks to Their Hold Rating for Lyft (LYFT) | J.P. Morgan analyst Doug Anmuth has maintained a Hold rating on Lyft (LYFT) with a price target of $19.00. Anmuth, a 5-s | [Link](https://longbridge.com/en/news/275980476.md) | | Lyft Rips Higher on Waymo Deal, But is LYFT Stock a Buy Right Now? | Lyft Rips Higher on Waymo Deal, But is LYFT Stock a Buy Right Now? | [Link](https://longbridge.com/en/news/257755350.md) | | Bridgewater Associates Is Giving Up on Lyft Stock. Should You? | Bridgewater Associates Is Giving Up on Lyft Stock. Should You? | [Link](https://longbridge.com/en/news/267231064.md) | | Can Lyft Stock Take Out $24 in 2025 as Lyft Snags Waymo Partnership? | Can Lyft Stock Take Out $24 in 2025 as Lyft Snags Waymo Partnership? | [Link](https://longbridge.com/en/news/258407670.md) | | Lyft Announces New Suite Of Driver Tools Designed To Help Drivers | Oct 27 (Reuters) - Lyft Inc:LYFT: ANNOUNCING NEW SUITE OF DRIVER TOOLS DESIGNED TO HELP DRIVERSLYFT: DURING PICKUPS, DRI | [Link](https://longbridge.com/en/news/262912007.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.