Lyft Shares Ride Higher on Earlier-Than-Expected Profit Forecast
October 23, 2019 at 10:58 AM EDT
Lyft shares got a lift from an earlier-than-expected profit forecast after startup co-founders Logan Green and John Zimmer said the ridesharing company could churn a profit by the year 2021. Shares of Lyft jumped as high as 8% in Tuesday’s trading session. “The company has never been stronger and...