US Stock Market News | Q2 Active Passenger Numbers at Historic Highs, Lyft Surges Over 6%
Lyft's stock price has risen, as of the time of publication, the stock has surged over 6%, trading at $9.665. The company's second-quarter revenue increased by 41% year-on-year to $1.4 billion. Net profit was $5 million, compared to a net loss of $114.3 million in the same period last year. The number of active passengers reached 23.7 million, the highest level in history, a 10% increase from the same period last year
According to the Zhitong Finance and Economics APP, Lyft (LYFT.US) stock price has risen, as of the time of publication, the stock has surged over 6% to $9.665. The company's second-quarter revenue increased by 41% year-on-year to $1.4 billion. Net profit was $5 million, compared to a net loss of $114.3 million in the same period last year. The number of active passengers reached 23.7 million, the highest level in history, an increase of 10% from the same period last year