Money & The Average American

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 8 November 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rough years for Lyft and Tripadvisor get even rougher. (0:21) Ron Gross discusses: - Lyft disappointing Wall Street in one key metric - Why Uber's diversification is currently an asset - Tripadvisor's guidance pulling down the stock (10:54) Alison Southwick and Robert Brokamp talk with Jack Caporal and analyze data around average American salaries, savings, and what it means for your financial goals. Companies discussed: LYFT, UBER, TRIP Host: Chris Hill Guests: Ron Gross, Alison Southwick, Robert Brokamp, Jack Caporal Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	A rising tide lifts all boats, but today's a reminder that a rising market does not
0:10.5	lift all stocks.
0:12.0	Motley Fool Money starts now.
0:14.8	I'm Chris Hill joining me in studio.
0:23.5	It's Motley Fool's senior and less Ron Gross.
0:25.8	Nice to see you.
0:26.8	Great to see you, Chris.
0:27.8	How are you?
0:28.8	Good because I'm not a lift shareholder.
0:30.8	Oh, I'm sorry.
0:31.8	I'm sorry for the lift shareholder's out there.
0:35.5	So lifts, third quarter results, it seems like people are focusing on the fact that active
0:43.0	riders are down.
0:45.3	And I don't know if that alone is enough a reason to justify why the stock is down 20
0:53.8	percent.
0:55.1	And certainly the overall narrative of, hey, the world is opening back up, people are
1:00.6	going back to where people are traveling more.
1:03.8	I'm, you know, whatever else is going on with your business, your active riders, the
1:08.0	number of people actually getting in a lift vehicle.
1:11.4	That should not be down.
1:12.4	You're saying that's important?
1:13.9	I'm saying that's important.
	...

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