Lyft Stock Tumbles On Gross Bookings, Guidance Despite GAAP Profit

byiShook Opinion
Aug 7, 2024 - 08:55

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Lyft earnings beat Q2 views, with a first-ever GAAP profit. But the ride-hailing giant missed on gross bookings and gave weak guidance. The post Lyft Stock Tumbles On Gross Bookings, Guidance Despite GAAP Profit appeared first on Investor's Business Daily.

Lyft earnings beat Q2 views, with a first-ever GAAP profit. But the ride-hailing giant missed on gross bookings and gave weak guidance.

The post Lyft Stock Tumbles On Gross Bookings, Guidance Despite GAAP Profit appeared first on Investor's Business Daily.