Why These 5 Stocks Moved on Wednesday

4. Lyft, Inc. (NASDAQ:LYFT) rose by almost 8.2% after the company reported third quarter GAAP loss per share of 21 cents, beating the estimate by $0.37 per share. Sales were $864.4 million, up 73% year over year and exceeding the estimate by $3.65 million. Active riders in the third quarter rose 97.3% year over year. Alkeon Capital Management was long 4,737,027 shares of Lyft, Inc. (NASDAQ:LYFT) at the end of June.