Lyft Stock Speeds Up on Narrower-Than-Expected Loss, Raised Outlook
Lyft(LYFT) Investopedia·2024-11-07 07:26
Key TakeawaysLyft shares soared in extended trading Wednesday after the company reported better-than-expected quarterly results.The ride-hailing company also boosted its outlook for the full fiscal year. The results come as Lyft inks new deals with autonomous vehicle companies to bring "robotaxis" to its platform. Lyft (LYFT) shares soared over 20% in extended trading Wednesday after the company reported better-than-expected quarterly results and raised its outlook. The ride-hailing company’s third-quarter ...