Lyft shares pull way back after CFO corrects major earnings release error
Publishing timestamp: 2024-02-14 09:51:57
Summary
Lyft shares initially rose after reporting better-than-expected earnings, but later dropped when the CFO admitted a major error in the earnings release. The company's stock is still significantly below its IPO price, but Lyft reported an increase in rides and bookings.
Sentiment: MIXED
Keywords: earnings, breaking news: technology, business news, technology, uber technologies inc, lyft inc,
Source: https://www.cnbc.com/2024/02/13/lyft-shares-soar-on-earnings-beat-guidance.html