Stocks to Watch: Lyft, Zillow, Super Micro Computer

Dow Jones
02-12

By Dean Seal

Lyft said it expects bookings growth to decelerate as it battles rival Uber Technologies on price. Lyft users also took fewer and shorter rides during the holidays, the company said. Shares fall 11% to $12.87 in after hours.

Zillow gave a fiscal first-quarter revenue outlook that missed analyst projections. The company is dealing with high mortgage rates and other challenges that have dampened the housing market. Shares drop 6.5% to $80.69 after hours.

Super Micro Computer said it expects $40 billion in revenue for fiscal 2026, blasting past current analyst estimates for $29.18 billion, according to FactSet. Shares rise 8% to $41.68 after hours.

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

February 11, 2025 19:02 ET (00:02 GMT)

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