Lyft Tops Expectations But Stock Sinks, While Uber Fails To Block California Law
February 12, 2020 at 05:47 AM EST
In US stocks overnight, the loss posted by Lyft in Q4 came in far lower than analysts had been expecting and the ride-hailing company passed $1bn in revenue for the quarter. Despite that, Lyft’s share price fell by more than 5% in after-hours trading