Diamonds and Dogs

11/7/24

Lyft (LYFT) getting a lift today thanks to earnings. The ride-sharing firm is jumping 22% after better than expected earnings and raised guidance. Sales rose 31.6% year over year to $1.52 billion on record trips. Commuters, a growing segment for them, now account for nearly half of Lyft's weekday rides in the quarter.

Match (MTCH) not a match to today's rally. The online dating site is down 18%, the worst performing S&P 500 member as the company beat quarterly earnings on inline guidance, but then guided lower for the fourth quarter. Payers declined 3% to 15.2 million over the prior year quarter. Tinder users fell 9% from a year ago.

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