Lyft stock rises on bigger buyback, strong outlook for demand - MarketWatch
1. Lyft's Q2 forecast exceeds Wall Street expectations for gross bookings. 2. The company is boosting its buyback plan to $750 million. 3. Lyft reported $1.45 billion revenue, slightly below analyst estimates. 4. Shares rose 5% after earnings; year-to-date increase stands at 0.8%. 5. Uber's dominance poses risks; Lyft remains more exposed to market volatility.