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An earnings typo sent Lyft's stock price into the stratosphere
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An earnings typo sent Lyft's stock price into the stratosphere
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15th February 2024, 12:33
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  An earnings typo sent Lyft's stock price into the stratosphere In an absolutely bananas turn of events, a typo in an earnings report caused Lyft shares to skyrocket nearly 70 percent after Tuesday’s closing stock market bell, as reported by CBS. There was an extra zero in the report that suggested a five percent margin expansion in 2024, instead of a .5 percent margin. This sent investors into a tizzy, as the company has long struggled to turn a profit. https://www.engadget.com/an-earnings...5.html?src=rss |
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