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Lyft shares rocket 60% then level to 17% on margin correction, stock still up - Vimarsana News

Lyft shares rocket 60% then level to 17% on margin correction, stock still up

Lyft's stock surged 67 percent but later corrected after misstated margin prediction due to clerical error; Lyft expects adjusted EBITDA to range between $50 million and $55 million in Q1.