Market Update: Lyft, Hims & Hers, and Constellation Brands

Reported about 15 hours ago

In the latest market developments, Lyft has priced its convertible senior notes offering at $450 million, expected to yield significant net proceeds. Hims & Hers is experiencing a stock surge as litigation risks decrease following a favorable ruling in a related case. Conversely, Constellation Brands faced a downgrade from BNP Paribas, anticipating a decline in beer sales for fiscal 2026.

Source: YAHOO

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