Lyft gives up debut gains on second day of trading

Lyft gives up debut gains on second day of trading

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-lyft-stocks/lyft-gives-up-debut-gains-on-second-day-of-trading-idUSKCN1RD2LG

Shares of Lyft Inc crashed through the ride-hailing company's initial public offering price on just their second day of trading, tumbling as much as 10.5 percent and matching the speed at which Facebook Inc gave up its IPO price following its botched offering nearly seven years ago.

Lyft gives up debut gains on second day of trading

Apr 1, 2019, 4:28pm UTC
https://www.reuters.com/article/us-lyft-stocks/lyft-gives-up-debut-gains-on-second-day-of-trading-idUSKCN1RD2LG >Shares of Lyft Inc crashed through the ride-hailing company's initial public offering price on just their second day of trading, tumbling as much as 10.5 percent and matching the speed at which Facebook Inc gave up its IPO price following its botched offering nearly seven years ago.