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Ride-hailing service Lyft (LYFT) continues to see its stock soar Wednesday — cooling after a colossal rise in Tuesday's after-hours trading — while reporting positive forward guidance. Uber (UBER)

Lyft CEO takes credit for error on earnings report

02:29pm, Wednesday, 14'th Feb 2024
Lyft Inc. Chief Executive Officer David Risher's response to a clerical error that unintentionally inflated the company's earnings outlook on Tuesday and sent shares soaring: “My bad.” Like this

Lyft's ‘Clerical Error' Triggers 67% Stock Jump

01:30pm, Wednesday, 14'th Feb 2024
Mandeep Singh discusses Lyft's “clerical error” making their stock prices jump 67%, and what Uber's $7 billion buyback plan mean for their profit. He spoke with Paul Sweeney and Alix Steel on Bloo

Why Lyft Stock Is Skyrocketing Today

01:10pm, Wednesday, 14'th Feb 2024
Lyft's Q4 earnings came in much better than Wall Street expected. Due to a typo, the earnings press release initially stated in error that management was guiding for a huge boost to Lyft's adjusted EB
Lyft CEO David Risher took responsibility for the major error that appeared in the company's earnings release late Tuesday.
Lyft CEO David Risher says “my bad” on a clerical error in the company's fourth-quarter earnings, and discusses a strike by drivers and not focusing on whether or not the company is a takeover tar
Lyft on Tuesday said incorrectly in a statement that its gross margin was expected to rise by 500 basis points -- or 5% -- this year.

Lyft CEO on Margin Outlook Error: ‘My Bad'

11:36am, Wednesday, 14'th Feb 2024
Lyft CEO David Risher addresses the “clerical error” in the company's fourth-quarter earnings that triggered a 67% jump in after-hours trading. Risher says it was “one zero in a press release”
Uber, Lyft and DoorDash drivers are striking on Valentine's Day as they battle for better pay. However, it hasn't affected investors' sentiment all that much, with shares in all three trading higher.
Shares of Lyft (LYFT) fell Wednesday after a "clerical error" in their earnings results caused the stock to rally 60% in after-hours trading on Tuesday. Wedbush Securities Managing Director and Senior
Uber and Lyft's most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there's a core focus for both firms: That would be matching the supply and

LYFT Stock Jumps 35% Despite False Guidance Scare

10:48am, Wednesday, 14'th Feb 2024
Shares in ride-sharing company Lyft (NASDAQ: LYFT ) are rising 35% so far today despite the firm making a big mistake on its forward guidance. LYFT stock briefly jumped 60% after a press release on ea
Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company's earnings release that appears to have sent investors' auto-trading algorithms—or "bots"�
Shares of Uber and Lyft skyrocketed Wednesday after both firms projected stronger financial growth than expected, though Wall Street remains far more convinced about Uber's prospects than Lyft's.

Lyft Stock Breaks Out After Earnings Beat

10:16am, Wednesday, 14'th Feb 2024
The shares of LYFT Inc (NASDAQ:LYFT) are trading at their highest level since Dec. 18 this morning, last seen 30.4% higher to trade at $15.82 following a better-than-expected fourth quarter report fr
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