

Together with
By Matthew Gutierrez and Shawn OβMalley
Itβs Valentineβs Day, and Lyft investors were feeling love in the air today. Actually, they felt love, heartbreak, and then love once more β a true romance thriller π
Heartbreak came after a βclerical errorβ misstated expected growth in the companyβs profit margins by an order of magnitude (5% reported vs. 0.5% actual) in its earnings report Tuesday evening.
Initially surging over 60%, the stock pulled way back after the correction.
π Ultimately, Lyft investors still found enough to love in the corrected earnings report, pushing the stock 35% higher on Wednesday.
β Matthew & Shawn
Hereβs todayβs rundown:
Today, we'll discuss the three biggest stories in markets:
The global bond rally goes poof
A $26 billion oil deal, with regrets
Jeff Bezos unloads $4 billion of Amazon shares
All this, and more, in just 5 minutes to read.
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