Lyft Shares Surge 60% After Typo In Earnings Report

ToplineLyft shares jumped as much as 66% in after-hours trading Tuesday after a typo in its latest earnings report suggested one measure of the company’s profitability could greatly increase this year—though the stock has since plateaued at around 16% above its closing price, after Lyft revealed the increase was exaggerated by a factor of 10.Lyft reported an increase in revenue from the same quarter in 2022. (Photo by Mat Hayward/Getty ... [+] Images)Getty Images Key FactsLyft closed at $12.12 per share, bu ...