Lyft sinks 6% after reporting worst quarterly revenue since 2017

Lyft shares slid as much as 6% on Thursday after the company announced second-quarter results after the market close on Wednesday.
While active ridership plummeted 60% year-over-year, revenue and losses per share beat expectations.
Wall Street varied in its reaction. Wedbush analyst Dan Ives cut his price target for the rideshare giant, fearing July and early August rider trends point to a weak third quarter.
Morgan Stanley boosted its outlook for the stock, citing "immediate benefits" of recent