After a sharp correction, Lyft saw a recovery in the stock price and its results justified the same. As the demand was up, the company delivered an all-around beat. Rideshare rides were up 27% year over year, and both active riders and rides have reached post-COVID highs. In Q2, the airport use case accounted for an all-time high of 10.2% of all ridesharing trips, while managed Lyft business bookings more than doubled, increasing by 105% from the previous year. In addition, compared to Q1, the n ....
