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Lyft stock closes lower than $10 for the first time; three-quarters of its valuation has been wiped away this year

Por: MarketWatch Business December 28, 2022

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As its stock has fallen this year, the company has been , with executives emphasizing on each quarterly earnings call with analysts that they are being disciplined and are continuing to target profitability. “Time and time again, we’ve proven our ability to make hard decisions and overcome difficult challenges,” Chief Executive Logan Green said during the company’s third-quarter earnings call in November. See: Green said on that call... + full article



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