Lyft stock up 17 per cent on cost cuts after wild ride on company s forecast error cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
:Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it cut costs and became more competitive with larger rideshare rival Uber.Shares were up 17 per cent in late afterhours trade, despite a major gaffe: Lyft's said incorrectly
:Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it cut costs and became more competitive with larger rideshare rival Uber.Shares were up 17 per cent in late afterhours trade, despite a major gaffe: Lyft's said incorrectly