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.

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

Apr 1, 2019, 9:35pm UTC
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.