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Lyft Earnings Call Results — Why The Stock Sank After Delivering Good News

Por: Forbes Business November 28, 2022

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Getty Images Key Takeaways Lyft recently announced its earnings for the third quarter, and investors quickly rode away from the stock. Rideshare companies have struggled over the past few years due to pandemic restrictions, rising fuel costs, and concern about a possible recession still looming over us. There was hope that Lyft would bounce back with stronger earnings this quarter. Lyft has been running one of the largest transportation networks... + full article



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