Mario Tama/Getty Images Lyft shares picked up more than 6% Wednesday following an upbeat February-trends update. Rideshare volume toward the end of February had its best week since pandemic lockdowns began in March 2020. Lyft forecast an adjusted EBITDA loss of $135 million, which is narrower than its previous loss projection of up to $150 million.
Similar Stories to Lyft Jumps As Company Marks Best Week For Rides Since The Start Of The Pandemic on Bing News
insider@insider.com (Carla Mozée), Business Insider
Wed, 03/03/2021 - 8:15am
Topics: mario tama/getty images february-trends rideshare visit centers disease control prevention americans us senate house december january securities exchange commission business insider lyft february march ebitda us business insider covid-19 company week pandemic loss million update volume conditions wednesday shares lockdowns began quarter growth average projection stock year rose daily narrower month
BING NEWS:
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04/16/2024 - 10:16 pm | View Link - More
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