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Lyft reports large losses in Q1 2019 earnings

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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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