Lyft Stock Plunges as Insiders Race to Dump Shares on Clueless Investors

2019-4-2 22:21

Lyft is getting crushed on the first trading day following its much-hyped IPO, and unsophisticated investors are learning the hard way that it’s not a good idea to plow into companies as soon as they go public.

Lyft Stock Dives Below IPO Price While Dow, S&P 500 Surge Lyft went public Friday at $72 a share. Almost immediately, the price rose 20% as retail buyers raced to gobble up shares, only to close well off its session high as insiders dumped their stakes. When it opened for trading Monday, the price sank even further to $69. 12 a share, which was

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Источник: ccn.com

lyft investors → Результатов: 6


Lyft Stock Surges 20% after IPO – This Analyst Warns Investors to Run

By CCN. com: Lyft is now a publicly traded company, and retail investors are clamoring for a slice. Shares roared at the open to $87, considerably higher than the $72 sale price. This 20% bump is an impressive showing, but is it enough to make Lyft a strong buy? Retail Investors Pile into Lyft after Friday IPO Already, the stock has given up 8% of these gains and is threatening a break below $80.

2019-3-30 20:28


American Success Story or Impending Disaster? Experts Wary of Lyft’s IPO

The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection.

2019-3-4 18:32


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