Lyft’s Stock Soars 67% After ‘Clerical Error’ in Profitability Outlook | International Business News

[ It was, without a doubt, a strong earnings report.Lyft Inc. projected adjusted earnings as much as 11% higher than analysts’ estimates, and reported bookings ahead of expectations. And then there was the outlook for profitability: Margins, the ride-hailing provider said in an initial press release, were set to expand this year by an eye-watering … Read more