Lyft surges 17% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry (LYFT)

Business Insider

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· *Lyft reported first-quarter earnings results on Wednesday that exceeded Wall Street's expectations.*
· *Shares surged as much as 17% at the start of trading Thursday. *
· *Still, there could be trouble ahead. "We cannot predict the trajectory or timing of the eventual recovery, but it is clear that macro trends...

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