Diamonds and Dogs

5/9/25

 

Lyft (LYFT) gets a lyft following earnings. Lyft jumps 28% even as earnings missed estimates as sales rose 13% to $1.45 billion. The ride-hailing service said it expects second-quarter gross bookings to rise 10% to 14% with great growth in Canada. Maybe the Canadians like us after all. Goldman upgraded the stock with a $20 price target.

Expedia (EXPE) fell 7% following earnings but missed on sales estimates $2.99 billion verse expectations of $3.01 billion. Total gross bookings rose 4.3% to $31.45 billion but missed estimates. CEO Ariane Gorin said Expedia posted first-quarter bookings and revenue within its guidance range "despite weaker-than-expected" U.S. demand.

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