Lyft shares rise to 17 month high on stronger than expected earnings

Shares in Lyft Inc. rose to a 17 month high in after-hours trading after the ride-hailing company beat analyst predictions in its fourth-quarter earnings report. For the quarter ending Dec. 31, Lyft reported revenue of $569.9 million, down 44% from $1.017 billion in the fourth quarter of 2019 due to the COVID-19 pandemic but up […]

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