Lyft's stock slump continues in its third trading day

Lyft's stock slump continues in its third trading day

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/02/lyfts-stock-slump-continues-in-its-third-trading-day.html

Shares of Lyft were down about 0.5 percent in early morning trading Tuesday after initially dropping 3.5 percent as the stock enters its third day on the public market.

The stock ended its second day of trading at $69.01, below its IPO price of $72 in an oversubscribed offering. Lyft's market capitalization now lies below $20 billion after ending its first trading day at $22.2 billion.