A typo in US ride-hailing service Lyft's latest earnings report gave the Uber rival's shares an extraordinary rollercoaster ride.
When presenting its quarterly figures, Lyft announced that the adjusted profit margin would improve by 500 basis points, or 5%, in the current year, in what would have been a spectacular improvement in profitability - last year, the adjusted margin was just 1.6%.
Chief financial officer Erin Brewer later clarified in a conference call with analysts about half an hour later that the figure in the press release contained one zero too many and that the margin was forecast to improve a much more realistic 50 basis points, or 0.5%.
The company's share price initially shot up by more than 60% in after-hours trading on Tuesday - and then plummeted after the outlook was corrected.
At times, the share price was only up 7%, but in the end, the shares left after-hours trading with a gain of just under 16%. Wall Street also saw a 0.5% improvement.
The company forecast earnings before interest, taxes, depreciation and amortization of between $50 million and $55 million for the current quarter, above analysts' predictions of an average of $49.5 million.
Unlike rival Uber, Lyft is only active in the US and Canada. In competition with its larger rival, the company has spent a lot of money in recent years on incentivizing drivers to use the platform.