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Lyft blows past analysts' revenue estimates and raises 2019 forecast

Lyft blows past analysts' revenue estimates and raises 2019 forecast

  • TV-G
  • 2019
  • 2mins
Lyft Inc. blew past analysts’ revenue estimates for the third quarter and raised its 2019 forecast suggesting its efforts to add more active riders and gain pricing power are paying off. The shares surged in extended trading. Bloomberg Intelligence's Mandeep Singh has more on Bloomberg Markets: What'd You Miss?