The rideshare industry continues to make its slow crawl back to pre-pandemic levels with spending down 31.1% relative to 2019 levels for the week ending October 17th, according to data from research and analytics firm M Science. Uber held 71.8% of the total market for the week, while Lyft’s (NASDAQ:LYFT) market share fell to 26.9%.…
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Amazon.com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade. The shares declined about 5% in extended trading. The company’s revenue and profit also missed projections for the third quarter and Amazon said its costs to negotiate supply chain issues and…
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Six Flags Entertainment (SIX+3.3%), Cedar Fair (FUN+0.7%) and SeaWorld Entertainment (SEAS+2.5%) jump after M Science says traffic trends improved for Six Flags and SeaWorld near the end of Q3 across core theme parks. That would also coincide with a decrease in COVID restrictions in some regions.Six Flags (NYSE:SIX) is the first of the theme park…
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