Preetika Rana / Wall Street Journal:
Lyft reports Q3 revenue up 22% YoY to $1.05B, riders up 7% YoY to 20.31M, vs. 21.3M est., and a $422.2M net loss, up from $99.7M YoY; the stock drops 10%+ — The number of people using the ride-sharing app grew less than analysts had been predicting — Uber, Lyft and the Crucial Challenge for Profitability in 2022