Lyft Plunges, Robinhood Sinks, Mattel Slumps
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lyft (LYFT) shares sink 15% in postmarket trading Tuesday after the ride-hailing company reported fourth-quarter revenue that missed the average analyst estimate. The company posted a surprise $185 million operating loss in the fourth quarter and issued a disappointing earnings forecast for the start of the year, a sign that its global expansion and new product offerings may weigh on profits in the short term.
- Robinhood (HOOD) shares are down ahead of their earnings release after the closing bell. Analysts expect the Menlo Park, California-based company to report quarterly earnings at 63 cents per share, down from $1.01 per share in the year-ago period. The consensus estimate for Robinhood's quarterly revenue is $1.34 billion, versus $1.01 billion a year earlier, according to data from Benzinga Pro
- Mattel (MAT) shares are down 19% in extened trading after the toy company forecast adjusted earnings per share for 2026 that missed the average analyst estimate. Chief Executive Officer Ynon Kreiz says 2026 will be an “important year” as the firm expects growth to be led by toy innovation, partnerships with IP owners and an inflection in entertainment
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