Lyft Stock Sheds $2 Billion After Massive Earnings Miss | OilPrice.com

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares in the ride-hailing company dropped more than 30 percent this week after it reported lower than expected first quarter profit forecasts of $975m.

Enbridge Books Q4 Loss Due To Goodwill Impairment ChargeGoldman Sachs: Oil Prices Won’t Hit $100 Until DecemberU.S.

ESG Funds Suffer Disastrous Fourth Quarter In 2022South African Energy Crisis Triggers Declaration Of State Of DisasterTotal Puts Investment In $50 Billion Hydrogen Project On HoldExxon Unveils New Trading Division To Compete With Shell And BPTesla’s Huge Model 3 Discounts Lift Car Sales In ChinaAustralian Coal Shipment Arrives In China For The First Time In Two YearsRepublicans Seek To Scrap New Emissions Rule For Heavy-Duty TrucksRussia Calls For An Investigation Into New Nord Stream Sabotage...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I find it amusing that an accounting change somehow made this a bad stock. If not for that change everyone would be bidding the stock up.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines