Lyft's stock closed down 36.4% after the company forecast $975M Q1 revenue vs. $1.09B est.; Lyft CFO blamed "seasonality and lower prices" for the weak guidance (Lauren Feiner/CNBC)

Lauren Feiner / CNBC:Lyft's stock closed down 36.4% after the company forecast $975M Q1 revenue vs. $1.09B est.; Lyft CFO blamed “seasonality and lower prices” for the weak guidance  —  - Shares of Lyft fell on Friday, a day after the company reported guidance for its first quarter of 2023 that was short of analyst expectations.

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Feb 11, 2023 - 08:00
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Lyft's stock closed down 36.4% after the company forecast $975M Q1 revenue vs. $1.09B est.; Lyft CFO blamed "seasonality and lower prices" for the weak guidance (Lauren Feiner/CNBC)

Lauren Feiner / CNBC:
Lyft's stock closed down 36.4% after the company forecast $975M Q1 revenue vs. $1.09B est.; Lyft CFO blamed “seasonality and lower prices” for the weak guidance  —  - Shares of Lyft fell on Friday, a day after the company reported guidance for its first quarter of 2023 that was short of analyst expectations.

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