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Lyft reports large losses in Q1 2019 earnings


Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019.

Mike Blake | Reuters

Lyft reported a huge loss for its first quarterly earnings report as a public company Tuesday, but said it made strides in growing its active ridership. The stock fluctuated following the report but was down about 1% after executives’ call with analysts.

Here’s how Lyft’s report compared to analyst expectations for its…

Source cnbc.com

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