Why Lyft Stock Is Skyrocketing Today
LYFTLyft(LYFT) The Motley Fool·2024-02-15 02:10

Lyft (LYFT 31.37%) stock is soaring in Wednesday's trading. The ride-hailing company's share price was up by 31.5% as of 1 p.m. ET, according to data from S&P Global Market Intelligence. Lyft published its fourth-quarter results after the market closed Tuesday, reporting earnings that beat Wall Street's expectations. In response to what turned out to be an error in the earnings press release, the company's share price initially rocketed more than 60% higher in after-market trading Tuesday. The original text ...