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Now, time for some of today’s trending tickers. We are watching Lyft, Eli Lily, and Open Door.
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First up, Lyft. It’s partnering with Waymo for the first time to offer robotaxi services in Nashville starting next year.
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The deal helps it better compete with rival Uber, which struck a multi-year deal in 2023 with Waymo to offer trips in Phoenix, Austin and Atlanta.
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Alphabet owned Waymo has been conducting testing in Nashville since March. It will launch fully autonomous operations in the coming months.
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The rides will open to the public next year, first through the Waymo app and then on Lyft’s platform later in 2026.
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Those shares right now surging 14%. They earlier jumped as much as 16%, the biggest gain in over 4 months.
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Next up, Eli Lily. Patients on its experimental diabetes pill lost more weight and had better blood sugar control than those on an older approved rival from Novo Nordisk.
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The late stage study comes as Eli Lily’s pill inches closer to becoming another needle-free alternative in the blockbuster market for GLP-1s.
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Lily and Nova Nordisk are vying for a greater share of the booming market, which some analysts say could be worth around 100 billion dollars by the 2030s. those shares up just a bit today.
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And finally Open door. Shares are jumping. It’s new CEO, who’s just three days into the job, says they filed an 8K, so his and Open doors X accounts would be used to talk with investors.
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An 8K filings report filed with the SEC by publicly traded companies to disclose significant unscheduled events that could affect their operations or financial conditions.
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He added that the company has parted ways with this external PR agencies and wants their investors to hear directly from the company.
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Investors clearly rewarding open door for that latest announcement. And this is by the way, a playbook that we have seen other so-called meme stocks or retail investor favorites take. For example, AMC, the chain has definitely taken that approach of talking directly to investors using its social accounts among other ways.
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As always, you can scan the QR code below to track the best and worst performing stocks with Yahoo Finance’s trending tickers page.