On Sunday, the energy and infrastructure group released a statement addressing the allegations of fraud and misconduct put forth last week by Hindenburg Research.
The market's resurgence in 2023 has been a major setback for short sellers.
A large financial institution based in Switzerland recently invested heavily in chip stocks, as well as media and entertainment shares.
After losing around three-quarters of its market value last year, Lyft is hoping to rebound in 2023.
Corporate leaders around the world have been weighing in on the economy this week, with some expressing concerns about inflation and the labor market.