Alistair Barr / Business Insider:

A typo in Lyft's Q4 release mistakenly forecast a 500 BPS of EBITDA margin improvement for 2024, causing a stock surge, before the error was corrected to 50 BPS  —  - Lyft mistakenly forecast 500 basis points of margin improvement for 2024, causing a stock surge.

Alistair Barr / Business Insider:

A typo in Lyft's Q4 release mistakenly forecast a 500 BPS of EBITDA margin improvement for 2024, causing a stock surge, before the error was corrected to 50 BPS  —  - Lyft mistakenly forecast 500 basis points of margin improvement for 2024, causing a stock surge.

Source: TechMeme
Source Link: http://www.techmeme.com/240214/p3#a240214p3