Lyft says push into Europe and luxury travel will help draw riders, as stock rises

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Lyft Inc. on Wednesday offered up a fourth-quarter forecast for a key demand metric that topped Wall Street’s expectations and said its push into Europe would give sales a boost next year, even as the ride-hailing platform said it expected higher insurance costs.

The company’s shares

LYFT jumped 2.7% after hours, after ending the day’s regular trading session up 3.4%.

This post was originally published on Market Watch

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