Lyft Stock Tumbles On Gross Bookings, Guidance Despite GAAP Profit
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 Stock Tumbles On Gross Bookings, Guidance Despite GAAP
Profit](https://www.investors.com/wp-content/uploads/2019/04/Stock-Lyft-23-shutt.jpg)
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.