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.
Lyft stock dive signals unicorns may have to settle for cheaper market prices when they go public
Apr 1, 2019, 9:13pm UTC
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.