LYFT rose nearly 7% in pre-market

Tiger Newspress2021-05-05

LYFT rose nearly 7% in pre-market.

Lyft Inc. on Tuesday posted quarterly results that reflect what it's been saying for the past couple of months: Ride hailing is back.

Lyft $(LYFT)$ said it had 13.49 million active riders in the first quarter, an increase of about 940,000 from the previous quarter. Analysts surveyed by FactSet on average had expected 12.8 million.

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