Lyft shares toppled to their greatest loss in more than a year on Wednesday after the ride-hailing app reported gross reservations that startled financiers
Lyft shares toppled to their greatest loss in more than a year on Wednesday after the ride-hailing app reported gross reservations that scared financiers.
Shares of Lyft were down close to 13% in midday trading to $9.54 per share, even as the San Francisco business turned in its veryfirst quarterly earnings, earning $5 million.
Lyft reported gross reservations for the 2nd quarter at the low