Lyft Soars on Strong Earnings Outlook Bolstered by Record Trips

By Yahoo! Finance | Nov 6, 2024 at 04:15 PM EST

Lyft Inc. shares rose significantly in after-hours trading following strong earnings guidance, surpassing analysts' estimates. The company's success is attributed to attracting more commuters and innovative features like Price Lock. Lyft plans to introduce autonomous vehicles to its ridesharing platform in 2025.

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