Why Lyft Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving...

Published on 7 Nov 2024 on Benzinga

Why Lyft Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving...

Shares of Lyft, Inc. LYFT rose sharply in today's pre-market trading after the company reported better-than-expected quarterly results.

Lyft reported quarterly losses of three cents per share which beat the analyst consensus estimate for losses of four cents. Quarterly revenue came in at $1.52 billion which beat the analyst consensus estimate of $1.44 billion and is an increase over sales of $1.15 billion from the same period last year.

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