Lyft Shares Open at $87.24, Up 21% from IPO Price of $72

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Lyft shares jump 21% in their stock-trading debut, as investors gobble up the first real public chance to buy into the future of ride hailing

Lyft Inc. shares vaulted 21% in their stock-trading debut Friday, as investors gobbled up the first real public opportunity to buy into the future of ride hailing.

The stock opened at $87.24 a share on the Nasdaq Stock Market, trading under the symbol LYFT. Lyft priced its IPO at $72 a share late Thursday, The Wall Street Journal first reported. Lyft’s IPO raised $2.3 billion, marking the first big tech IPO of 2019 in a year that may break records in terms of IPO dollars raised.

 

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uber, lyft, taxi, ride, tram, loop, jump, pace, lime, --- fare battle of the 4 letter ride service transportation words. bunch of groupthink marketing motherfckers.

jsjawandha did you but

It's a crazy world we live in when you turn an app into billions of dollars and recreate a modern day slave trade economy

best part about the future: it doesn't exist. $LYFT

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