Lyft Surges, Pinterest Rises, 1800 Flowers Plunges After Withdrawing Guidance
On this episode of Stock Movers:- Lyft shares surge on results after the bell on Thursday; better-than-expected gross bookings in the first quarter, a sharp contrast with disappointing results from Uber. It also announced an accelerated and expanded share buyback program. Some areas key to its positive results include Indianapolis, where it saw a 37% gain in rides; and Canada, where rides are up 50%.- Pinterest shares rise after 2Q revenue guidance beat estimates. CEO Bill Ready cited the company's ability to leverage AI to personalize the user experience is their "key differentiator." Tech…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.