Stocks making the biggest moves premarket: Lyft, Robinhood, Zillow, Kraft Heinz and more


Source: cnbc.com cnbc.com

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Check out the companies making headlines before the bell: Lyft — Shares surged 21% after the ride-hailing company posted stronger-than-expected fourth-quarter results and issued better-than-expected guidance. In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, more than the LSEG consensus estimate of 8 cents per-share earnings. Revenue of $1.22 billion was in line with analysts' expectations. However, Lyft shares were off their Tuesday post-market high as the company corrected an overstatement of its margin forecast contained in its initial press release. Robinhood Markets — Shares of Robinhood soared roughly 16.5% after the investing platform beat...