Reported about 12 hours ago
Lyft's fourth-quarter revenue came in at $1.55 billion, slightly missing analyst expectations, which, along with soft bookings guidance, negatively impacted its stock. Experts point out that Lyft's performance lags behind Uber, leading to concerns about future growth potential and pricing power. Despite improvements in its operations, Lyft is urged to achieve more consistent execution to regain investor confidence.
Source: YAHOO