Lyft stock surges as company reports huge revenues and huge losses

23:14 07.08.2019
In its second quarterly earnings release as a public company, Lyft showed it still isn’t afraid to lose money as long as that means surging revenues. The company’s stock price jumped nearly 11 percent after-hours (following a 2.7% bump in its share price before the earnings dropped). The company beat on revenue with $867 million […]...
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