Lyft shares skid below IPO price in first full trading day

Lyft shares skid below IPO price in first full trading day

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/9e3c971e212344d2b72862684537a3d9

NEW YORK (AP) — Lyft's shares have slumped almost 12 percent in their first full day of trading following the ride-hailing company's initial public offering of stock.

The shares closed Monday down $9.28 at $69.01. That's below the San Francisco-based company's IPO price of $72.

Lyft shares skid below IPO price in first full trading day

Apr 1, 2019, 9:24pm UTC
https://apnews.com/9e3c971e212344d2b72862684537a3d9 > NEW YORK (AP) — Lyft's shares have slumped almost 12 percent in their first full day of trading following the ride-hailing company's initial public offering of stock. > The shares closed Monday down $9.28 at $69.01. That's below the San Francisco-based company's IPO price of $72.