Lyft shares surge on stronger-than-expected earnings

Shares in ride-hailing firm Lyft Inc. surged in after-hours trading after the company beat analysts’ expectations in its first-quarter earnings report. For the quarter ended March 31, Lyft reported revenue fell 37% from a year ago, to $609 million, as the COVID-19 pandemic continues to depress demand. However, revenue was up 7% from the previous […]

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