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“Lyft stock is getting punished, down more than 35% after weak guidance”

“Shares of Lyft fell more than 35% when markets opened on Friday, a day after the company reported guidance for its first quarter of 2023 that fell short of analyst expectations.

The company expects to make about $975 million in revenue in Q1, while analysts had been anticipating $1.09 billion, according to StreetAccount…”

https://www.cnbc.com/2023/02/10/lyft-stock-down-more-than-30percent-.html

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