welcome
CNBC

CNBC

Business

Business & Economics

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

CNBC
Summary
Nutrition label

76% Informative

Lyft CEO David Risher told CNBC 's " Squawk Box " that the company isn't seeing "anything to worry about" with the consumer.

The ride-sharing company upped its share buyback plan to $750 million and posted better-than-expected gross bookings.

Rides increased 16% to 218.4 million , topping FactSet estimate of 215.1 million .

VR Score

86

Informative language

89

Neutral language

91

Article tone

semi-formal

Language

English

Language complexity

24

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links