Lyft shares tumble as investors react to dim outlook

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains. 
Shares have since stabilized in after-hours trading, now trading down about 10%.  
Lyft beat both its own revenue expectations and Wall Street’s, but it wasn’t enough to assuage investors focused on the ride-hailing company’s future. 
The company closed the first quarter of the year with $1 billion in revenue, up 14% from the same quarter last year. It should be noted that its Q1 re

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