CEOWORLD magazine

5th Avenue, New York, NY 10001, United States
Phone: +1 3479835101
Email: info@ceoworld.biz

Banking and Finance

Banking and Finance

Lyft Stock Volatility Amidst Earnings Release Error Correction

Lyft experienced significant stock volatility in extended trading on Tuesday, initially soaring before retracting following the acknowledgment of a major error during the company's earnings call by Chief Financial Officer Erin Brewer. Revenue met expectations at $1.22 billion. Brewer clarified that the press release had misstated the margin expansion for...
1 117 118 119 120 121 242
Page 119 of 242