$2 Billion Lyft IPO is a Must-Buy, But Don’t Ignore These Risks

2019-3-21 21:01

Less than two weeks ahead of its highly-anticipated $2 billion initial public offering, US ridesharing giant Lyft already has Wall Street bulls pounding the table. D. A. Davidson analyst Tom White has initiated coverage of Lyft with a “buy” rating and is expecting big growth numbers ahead.

Lyft IPO Gives Investors Plenty to Love Lyft filed its S-1 form on March 1 and began its roadshow for potential IPO investors this week. The company expects to sell $2 billion worth of shares at a price of between $62 and $68 per share and begin trading on March 29. White estimates the

The post $2 Billion Lyft IPO is a Must-Buy, But Don’t Ignore These Risks appeared first on CCN

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lyft billion ipo must-buy ahead white march

Источник: ccn.com

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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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