Analyst urges investors to act as Lyft stock soars on buyback announcement
Friday, 9 May 2025 ()
Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first quarter that topped Street estimates on most fronts. But factors beyond the numbers are contributing to the rise in LYFT shares. For starters, the company’s board authorised a significant boost to the stock buyback programme. […]
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