Lyft shares get crushed on weak guidance for first quarter

Lyft beat the street on revenue in the fourth quarter, but it wasn’t enough to assuage investors who reacted to the ride-hailing company’s weak guidance for the first three months of 2023. Lyft lowered expectations for revenue in the first quarter to $975 million. Analysts had expected the company to promise $1.09 billion in revenue. […] Lyft shares get crushed on weak guidance for first quarter by Rebecca Bellan originally published on TechCrunch...