Lyft will IPO on Friday with an insane $24.3 billion valuation

Lyft will IPO on Friday with an insane $24.3 billion valuation

5 years ago
Anonymous $Dftgs0JzgE

https://thenextweb.com/money/2019/03/28/lyft-will-ipo-on-friday-with-an-insane-24-3-billion-valuation/

Next week, insurgent ridesharing provider Lyft will commence its long-awaited initial public offering (IPO). An IPO marks the point when a company makes its shares available on a public stock exchange, and Lyft is releasing 32.5 million shares costing $72 apiece. That values the company at a cool $24.3 billion.

Lyft plans to list on the NASDAQ stock exchange. As you’d expect, it will likely use the LYFT ticker.

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