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

2019-3-30 20:28

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.

As of 2:18 pm ET, Lyft shares were trading at $80. 68 for a gain of 11. 87%. One analyst believes it would be an absolute disastrous move to

The post Lyft Stock Surges 20% after IPO – This Analyst Warns Investors to Run appeared first on CCN

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Источник: ccn.com

lyft investors → Результатов: 5


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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