4, 2021-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today announced the pricing of its previously announced underwritten public offering of 2,200,000 shares of common stock of the company at a price to the public of $11.75 per share.Feb 4, 2021
Is HyreCar stock a good buy?
HyreCar has received a consensus rating of Buy.
Why is HyreCar stock dropping?
Yet HyreCar shares crashed today as the company incurred a loss of $0.45 per share, up from $0.22 a share in Q2 2020 and greater than Wall Street estimates of a $0.12 per-share loss. High insurance claims soared even as the company continued to spend on marketing, sales, and technology.