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An earnings typo sent Lyft's stock price into the stratosphere In an absolutely bananas turn of events, a typo in an earnings report caused Lyft shares to skyrocket nearly 70 percent after Tuesday's closing stock market bell, as reported by CBS. There was an extra zero in the report that suggested a five percent margin expansion in 2024, instead of a .5 percent margin. This sent investors into a tizzy, as the company has long struggled to turn a profit. The mistake was even present in Lyft's slide deck, which was part of that earnings report, and an accompa...
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