Lyft is a 'treacherous' stock, post-IPO action is 'extremely negative': O'Leary

Lyft is a 'treacherous' stock, post-IPO action is 'extremely negative': O'Leary

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/02/lyft-is-a-treacherous-stock-action-is-extremely-negative-oleary.html

Lyft's stock just hit the brakes in a major way.

The ride-hailing company enjoyed a bombastic initial public offering on Friday, with its stock soaring over 20 percent above its target price range. Shares reversed later in Friday's session but settled roughly 9 percent higher.