Lyft shares rise as company ups buyback to $750 million

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Lyft shares rise as company ups buyback to $750 million

cnbc.com/2025/05/08/lyft-earnings-buyback.html

Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.
Shares were as high as 10% post-earnings.
Here's how the ridesharing company did:
- Earnings: 1 cent per share
- Revenue: $1.45 billion vs. $1.47 billion estimate…

This story appeared on cnbc.com, 2025-05-08 20:30:02.