A Rift Swallows $LYFT Shares
Yesterday we discussed Uber’s strongest quarter ever. Today we heard from its competitor Lyft, which did not fare nearly as well…and that’s putting it lightly. 😬
The ridesharing company reported an adjusted loss per share of $0.74. Revenues rose 21% YoY to $1.18 billion and outpaced the $1.16 billion expected.