Lyft rolls out buyback, but outlook for key demand metric comes up short
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive with rival Uber Technologies Inc. on prices and service.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive with rival Uber Technologies Inc. on prices and service.
