Lyft stalls as shares slip below IPO price on second day of trading

Lyft stalls as shares slip below IPO price on second day of trading

5 years ago
Anonymous $Dftgs0JzgE

https://www.theguardian.com/technology/2019/apr/01/lyft-shares-ipo-second-day-trading

Taxi company’s shares dropped about 12% on Monday, ending the day at $69.03 after selling shares at $72 on Friday

Shares in Lyft, the ridesharing company, stalled on Monday, falling below their initial public offering (IPO) on their second day of trading.