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Benzinga
Benzinga
Business
Tyler Bundy

Could Lyft Be Seeing A Reversal?

Lyft

Lyft Inc. (NASDAQ:LYFT) shares are trading higher Tuesday, moving up toward a resistance level within a channel in which the stock has been trading. Lyft is scheduled to report earnings after the bell today. The analyst consensus earnings per share forecast for the quarter is a loss of 48 cents, compared to a loss of $1.01 per share in the same quarter last year.

Lyft closed up 5.37% at $41.20 on Tuesday.

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