Lyft stock plunges 26% after forecast, rider numbers come up short - MarketWatch

Ride-hailing volumes hit new ‘COVID high,’ CEO says, as Lyft beats expectations for adjusted earnings and revenue, but profit and sales guidance disappoint

Lyft 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, but shares plunged after executives forecas… [+3339 chars]

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