https://www.reuters.com/article/us-lyft-ipo-exclusive/exclusive-lyfts-ipo-oversubscribed-after-two-days-sources-idUSKCN1R02J6

Lyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday.