Lyft falls further from IPO after receiving first 'sell' rating

Lyft falls further from IPO after receiving first 'sell' rating

5 years ago
Anonymous $syBn1NGQOq

https://www.reuters.com/article/us-lyft-stocks/lyft-falls-further-from-ipo-after-receiving-first-sell-rating-idUSKCN1RE1W6

Lyft Inc's stock sank further below its IPO price on Tuesday after receiving its first negative review from an analyst who is skeptical that consumers will give up car ownership in favor of relying on ride-hailing services.