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Lyft shares sink 9% on underwhelming fourth-quarter results

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Summary
Nutrition label

78% Informative

Lyft shares dropped 9% on lackluster fourth-quarter results and weak bookings guidance.

Company reported revenues of $1.55 billion , versus the $156 billion expected by analysts polled by LSEG .

Lyft also announced a $500-million share repurchase plan and said it aims to roll out its Mobileye -powered taxis as soon as 2026 .

VR Score

89

Informative language

93

Neutral language

80

Article tone

semi-formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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