Category: Lyft’s

Lyft’s Loss Could Have Been Worse, Investors Throw the Stock a Lifeline
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Lyft’s Loss Could Have Been Worse, Investors Throw the Stock a Lifeline

Lyft delivered second-quarter earnings which showed a smaller loss than expected, and investors are cheering the news by lifting the stock 5%. | Source: ShutterstockLyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points.Let’s parse…

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