Zoom tops Lyft as the most valuable tech IPO of the year so far
https://www.cnbc.com/2019/04/23/zoom-now-the-most-valuable-of-all-the-tech-companies-to-ipo-this-year.html
In just its third day of trading, Zoom has already surpassed Lyft to become the most valuable of all the tech companies to go public this year.
Zoom jumped 5% on Tuesday to $69 to close trading with a market capitalization of $17.7 billion. The stock surged 72% in its debut on Thursday and then rose 6% on Monday. Lyft fell 1.1% on Tuesday to $60.25 and is now valued at $17.2 billion. Pinterest, which also hit the market on last week, is worth $13.7 billion.
Zoom tops Lyft as the most valuable tech IPO of the year so far
Apr 23, 2019, 8:39pm UTC
https://www.cnbc.com/2019/04/23/zoom-now-the-most-valuable-of-all-the-tech-companies-to-ipo-this-year.html
> In just its third day of trading, Zoom has already surpassed Lyft to become the most valuable of all the tech companies to go public this year.
> Zoom jumped 5% on Tuesday to $69 to close trading with a market capitalization of $17.7 billion. The stock surged 72% in its debut on Thursday and then rose 6% on Monday. Lyft fell 1.1% on Tuesday to $60.25 and is now valued at $17.2 billion. Pinterest, which also hit the market on last week, is worth $13.7 billion.