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Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analysts’ estimates weighed on the company’s stock.
Lyft shares LYFT initially fell more than 12% after hours and declined even further after the company’s earnings call with analysts, to more than 14%, as of 5:30 p.m. Eastern. They had dropped 1.8% in the regular session to close at $10.69 after a six-day positive streak.
Lyft…
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