Some analysts said in notes following Lyft’s earnings report that the sell-off was overblown.
Lyft continued to plunge Wednesday as investors expect short-term headwinds to weigh on the company.
In its first-quarter report Tuesday, Lyft provided light guidance for the second quarter and said it would have to keep spending on driver incentives due to surging gas pricesshares plunged 30% Wednesday as investors expect short-term headwinds to weigh on the company.on both the top and bottom lines after the bell on Tuesday.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Lyft Shares Plunge on Weak Earnings OutlookLyft said some of its costs to offer incentives to drivers—such as bonus payments for rides given—will be passed on to consumers through higher prices, while other costs will also weigh on the company’s profitability
Weiterlesen »
Stocks making the biggest moves after hours: Airbnb, Lyft, Starbucks and moreSee which stocks are posting big moves after the bell.
Weiterlesen »
Lyft stock plunges 25% after forecast, rider numbers come up shortLyft Inc. said Tuesday that it had a better-than-expected first quarter, with Chief Executive Logan Green saying ride-hailing volumes hit 'a new COVID high,'...
Weiterlesen »
Offset Shares Sweet Photos of Him Holding Son WaveOffset and Cardi B gave fans a first look at their second child in April.
Weiterlesen »
‘This is not just about me’: Jacksonville woman shares her abortion story after Roe draft leakedA Jacksonville woman had an illegal abortion in New York City in 1962. She remembers a time when women didn’t have a choice. Editor’s note: The details in this story may be triggering or disturbing for some people. Discretion is advised.
Weiterlesen »
Emily Atack shares vile sexual messages from troll who harasses her every dayEmily Atack has given fans a horrifying glimpse at the type of sexually explicit messages she regularly receives, as she asked how to make the low-life behaviour illegal
Weiterlesen »