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Lyft shares pull way back after CFO corrects major earnings release error - TL;DR CNBC

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

Tickers: LYFTUBER

Keywords: earningsbreaking news: technologybusiness newstechnologyuber technologies inclyft inc

Source: https://www.cnbc.com/2024/02/13/lyft-shares-soar-on-earnings-beat-guidance.html


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