Lyft Inc. (NASDAQ:LYFT) CEO David Risher has shouldered the blame for a significant error in the company’s fourth-quarter earnings report, which led to a massive stock surge before a correction was issued. What Happened: Risher admitted to the error in the earnings report during an interview with CNBC’s “Squawk Box,” calling it “super frustrating” for the entire team, CNBC reported. The report, released on Tuesday, initially indicated a 500 basis point (5%) margin expansion for Lyft in 2024, causing the stock to soar by over 60%. However, during the quarterly investor call, Lyft CFO Erin Brewe…
