Revenue is slightly up, but the ride-hailing company still posts more than a $1 billion loss.
And they'd still have a half billion dollars left over for avocado toast.
Investors are suing for damages from the ride-hailing company, alleging that Lyft overstated its market share.
The ride-hailing company's stock plummets after its IPO Friday.
The ride-hailing company opens at $42 a share in its stock market debut, below its preopen price of $45. And closes the market even lower at $41 per share.
From The 3:59 Show: Sales of the iPhone are down and so are profits, but results were better than expected.
Tim Cook says Apple's launch of streaming, gaming and other services is "unlike anything that's been done before."
The tech giant is now the most valuable company in the US.
It would be another step toward going public for the messaging startup.
The company could raise over a billion dollars.
The former exec traded on insider information three times in 2015 and 2016, profiting and avoiding losses of around $382,000, the suit says.
The chat platform has more than 10 million daily active users.
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