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.

Aug 7, 2024 - 08:55
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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.

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