Lyft pops in post-IPO debut, but ends trading below day's high

The stock settled above $78, up more than 8% from its pricing but well below the day’s trading high at $88.60. High demand for the offering pushed up the range of Lyft’s stock pricing, well ...

8%
OFF

Lyft Pops In Post-IPO Debut, But Ends Trading Below Day's High

2 weeks from now

The stock settled above $78, up more than 8% from its pricing but well below the day’s trading high at $88.60. High demand for the offering pushed up the range of Lyft’s stock pricing, well ...

yahoo.com

7%
OFF

Lyft Stock Pops, Fluctuates, As High-Profile IPO Begins Trading

2 weeks from now

Mar 29, 2019 · Lyft stock closed at 78.29, up 8.7%. The Lyft IPO raised about $2.34 billion, giving it a valuation near $22 billion. Lyft sold 32.5 million shares, up from previous plans to sell …

investors.com

81%
OFF

5 Takeaways From The Uber IPO Debacle - Investopedia

2 weeks from now

The performance of two of the year’s most highly anticipated —Uber Technologies Inc. (UBER) and Lyft Inc. (LYFT)—is underwhelming in early trading, and neither company has ever turned a profit. That should be more than a little worrisome for investors who recall theof the early 2000s that saw a rash of unprofitable companies go public before eventually crashin… The one major difference is that on their first day of trading, shares of Uber and Lyft experienced nothing close to the 81% pop exhibited by the shares of the average money-losing tech IPO during the dotcom era. On its first day of trading, Uber closed down nearly 8% from its IPO pric…

investopedia.com

$87.24
OFF

Lyft Pops In Trading Debut, Settles To Modest Gains - Yahoo Autos

2 weeks from now

Mar 29, 2019 · Lyft started trading Friday at $87.24 per share, marking the first debut from a heavyweight class of tech companies going public in 2019.

yahoo.com

21%
OFF

Lyft's IPO Jumps 21% Out The Gate After Pricing At Top Of Raised …

2 weeks from now

Mar 29, 2019 · What a week for Lyft. After raising its IPO range, and pricing at the top of new price interval while raising billions, Lyft opened at $87.24 today. That's $15.24 more than its …

crunchbase.com

$72
OFF

Lyft’s IPO Lifts Off At $72 A Share, Valuing Company At $24B

2 weeks from now

Mar 28, 2019 · The price is at the high end of a revision Lyft made after strong investor demand prompted the company to increase its initial goal of fetching $62 to $68 for each of the 32.5 …

apnews.com

$72
OFF

Lyft IPO Prices At High End Of Range; How Will It Trade Friday ...

2 weeks from now

Mar 29, 2019 · Lyft priced its initial public offering Thursday afternoon at $72, the high end of its upwardly revised range, raising about $2.3 billion and giving it a valuation near $22 billion. The …

investors.com

$87.24
OFF

Lyft IPO Opens At $87.24 In Trading Debut After Pricing At $72

2 weeks from now

The stock held at around $87 in its first few minutes of trading — something of a modest IPO for such a giant tech company. Appetite for the stock was strong though, with more than 6 million …

reddit.com

10%
OFF

LYFT Down Sharply On First Day Post-IPO : R/investing - Reddit

2 weeks from now

74 votes, 73 comments. LYFT down 10% on first day after IPO (as of 8 am PST/11 am EST). Anyone buying at this price? What do you think is a fair…

reddit.com

FAQs about Lyft pops in post-IPO debut, but ends trading below day's high Coupon?

What is Lyft's IPO price?

The price is at the high end of a revision Lyft made after strong investor demand prompted the company to increase its initial goal of fetching $62 to $68 for each of the 32.5 million shares sold in the IPO. The price sets Lyft’s market value at $24 billion, which will quickly change Friday after the shares start trading on the Nasdaq exchange. ...

What is Lyft's stock price?

SAN FRANCISCO (AP) — Lyft set the price for its stock at $72 per share late Thursday, setting the stage for the ride-hailing pioneer’s hotly anticipated stock market debut. ...

Will Lyft IPO pay off?

Investors embraced Lyft despite an uninterrupted history of losses totaling nearly $3 billion since its 2012 inception on the premise that its growing popularity will pay off in the long run. The IPO represents a watershed moment for ride hailing, an industry hatched from the rise of smartphones. ...

How much is Lyft (Lyft) worth?

The price sets Lyft’s market value at $24 billion, which will quickly change Friday after the shares start trading on the Nasdaq exchange. Lyft has been in fierce competition with its larger rival, Uber, to woo riders and investors. Uber is expected to make an even bigger splash when it completes its IPO later this year. ...

Is Lyft headed in the right direction?

Even so, Lyft’s revenue per ride has been increasing, so some analysts see the company as headed in the right direction. Lyft’s co-founders Logan Green and John Zimmer have structured the shares so that together they will hold 49 percent of the voting power, enough to substantially influence major decisions. ...

Is Lyft gaining ground on Uber?

Lyft has been gaining ground on Uber in the past two years, which enabled it to double its revenue last year to $2.2 billion — the kind of growth that tends to wow investors. ...