Its a truth universally acknowledged that typos can be embarrassing and frustrating.
This would indicate a 0.5% projected increase in growth, not a 5% increase.
This is actually a correction for the press release, Brewer said.
Lyft actually had good news. Too bad no one will remember it.Illustration: Jody Serrano / Gizmodo / Loren Elliott / Bloomberg via Getty Images
The companys stock proceeded to tumble, dropping to at least $14.05 by Tuesday evening.
Levy wasnt alone in his shock.
Many news stories about the gaffe followed, including the one youre reading now.
While the disastrous typo is certainly noteworthy, it also overshadowed a solid financial report from Lyft.
It also had more riders than ever in its history, with 40 million people using the service.
Lyft said it expected to generate positive free cash flow in 2024 for the first time.
Too bad that no one will remember that because of a typo.
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The Justice Department argued only the most hardcore drivers would make that much.
