Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analysts’ estimates weighed on the company’s stock.

Lyft shares LYFT fell 15% after hours. They had dropped 1.8% in the regular session to close at $10.69 after a six-day positive streak. 

Lyft forecast second-quarter revenue of…

Source link

You May Also Like

Russia’s aircraft losses more than double Ukraine’s: Report

Russia has reportedly lost more than double the number of aircraft compared…

Nancy Pelosi announces she won’t run for leadership post, marking the end of an era | CNN Politics

CNN  —  House Speaker Nancy Pelosi announced on Thursday that she will…

Smilodon’s sabre teeth

Newswise — A team of researchers led by Narimane Chatar, a doctoral…

Mikal Bridges shrugs off 30-point performance in Game 1 loss to 76ers: ‘None of that s–t matters when you lose’

PHILADELPHIA — Mikal Bridges scored 30 points and only missed six shots…