Lyft stock regains Minnesota rideshare driver pay losses as Q1 earnings beat expectations
LYFTLyft(LYFT) Invezz·2024-05-08 04:39

Lyft stock (NASDAQ:LYFT) has jumped in the after market hours following the release of its first-quarter earnings report, which surpassed market expectations. The positive earnings report helped Lyft recoup the losses incurred today due to the compromise rideshare driver pay rates in Minnesota.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Earlier today, Minnesota lawmakers and the Minneapolis City Council reached a compromise on rideshare driver pay ...