Lyft says May rides jump 26% from prior month

Lyft's shares rose 4.2% to $33.02 in extended trading after the company said rides had risen week-over-week for seven consecutive weeks since the week ended April 12."For the last three weekends, as restrictions on certain activities were eased in parts of the country, there was stronger relative sequential growth in weekend rides versus weekly rides on Lyft's rideshare platform," the company said.