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Lyft stock dive signals unicorns may have to settle for cheaper market prices when they go public

Lyft stock dive signals unicorns may have to settle for cheaper market prices when they go public

5 years ago
Anonymous $Dftgs0JzgE

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.

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