"Stock Market Update: Lyft Soars, Robinhood and QuidelOrtho in Focus"

1 min read
Source: MarketWatch
"Stock Market Update: Lyft Soars, Robinhood and QuidelOrtho in Focus"
Photo: MarketWatch
TL;DR Summary

Lyft expects to achieve positive free cash flow in fiscal 2024, with a narrowed loss in the fourth quarter and adjusted earnings surpassing Wall Street's estimates, leading to a 19% rise in shares after-hours. Meanwhile, Robinhood Markets surprised with a fourth-quarter profit and increased revenue.

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