While Uber disappointed with the first day IPO sale by starting at the lower end of its share price estimate, opening the initial trade below the low end of 45$, at 42$, Lyft (LYFT) recorded a similar defeat with -23% during its first trade.
However,...
Lyft dropped by over -23% already on the first day of going public at the end of March, probably causing Uber dismal in a way, as Uber IPO didn’t make it when it comes to living up to expectations that Wall Street had for...
After having a hard time to stay above or around the opening IPO share price, Lyft published their first earnings and financial report after going public on Nasdaq under the thicker LYFT.
Despite losses that could be freely described as “heavy” and even “stubborn”, Wall...
Lyft went public at the end of March 2019, after filing for IPO and creating anticipation among the Wall Street watchdogs ahead of the company’s public debut.
Lyft, a ridesharing company considered to be the greatest challenger of Uber, a giant from the same industry...
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