Lyft Stock Breaks Out After Earnings Beat

The shares of LYFT Inc (NASDAQ:LYFT) are trading at their highest level since Dec. 18 this morning, last seen 30.4% higher to trade at $15.82 following a better-than-expected fourth quarter report from the ride share company. Lyft issued earnings of 18 cents per share, which beat estimates, while revenue was in line with forecasts at $1.22 billion. The company also issued strong guidance, but had to correct an overstatement regarding its margin forecast.At least 15 analysts hiked their price target on LYFT ...