Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains. Shares have since stabilized in after-hours trading, now trading down about 10%. Lyft beat both its own revenue expectations and Wall Street’s, but it […]
Lyft shares tumble as investors react to dim outlook by Rebecca Bellan originally published on TechCrunch...
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Lyft shares tumble as investors react to dim outlook
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