A typo in Lyft’s earnings release sends stock soaring – briefly
By Samantha Delouya, CNN (CNN) — A typo in Lyft’s fourth-quarter earnings report caused the rideshare company’s stock to surge and then dramatically reverse course on Tuesday. In an earnings statement released after the bell, Lyft estimated its gross margin would expand by 500 basis points, or 5 percentage points. That sent the company’s stock
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