Lyft's first-quarter results show the company is getting past its early growing pains and figuring out how to make its operations profitable.
Making comparisons to expectations has distracted investors from the more important bigger picture.
Wall Street analysts expect significant gains from the ride-sharing giant despite recent disappointments.
Lyft's quarterly earnings report again pleased investors.
Elon Musk seems to think so.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes...
Stocks that traded heavily or had substantial price changes on Wednesday: Uber, Shopify fall; Lyft, Arista Networks rise
The ride-hailing stock reported solid revenue growth, and the future looks bright.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning...