Lyft shares tumble as investors react to dim outlook

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains.  Shares have since stabilized in after-hours trading, now trading down about 10%.   Lyft beat both its own revenue expectations and Wall Street’s, but it […]

Lyft shares tumble as investors react to dim outlook by Rebecca Bellan originally published on TechCrunch