Lyft stock dive signals unicorns may have to settle for cheaper market prices when they go public
https://www.cnbc.com/2019/04/01/lyft-stock-dive-signals-unicorns-may-have-to-settle-for-cheaper-market-prices-when-they-go-public.html
Lyft may have launched with a frothy stock price in a not so frothy stock market.
The ride share company's freshly minted stock, after an initial surge, fell below its offer price on its second day of trading Monday, a warning that other hyped unicorns may have to be more conservative about their price in the initial public offering market.
