Lyft Sinks 30%+ After Hours As Weak Q1 Guidance Disappoints Wall Street (LYFT)

Uber and Lyft drivers are holding a rally calling for basic employment rights

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Lyft (NASDAQ: LYFT) sunk more than 30% in extended trading Thursday after it said the first quarter would be much weaker than expected.

Looking to the first quarter, Lyft ( LYFT ) expects revenue to be approximately $975 million, well below the $1.1 billion that analysts were predicting. It

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