Tag: price wars

Lyft-ing up or Falling Fast?: Lyft Becomes the First Rideshare Company to IPO

Lyft inc. [LYFT: NASDAQ] – Market Cap as of 5/4/2019 $21.28bn Introduction  On March 29, Lyft – a leading US ride-hailing company – went public on the Nasdaq. Its IPO price settled at the top end of the pricing range, with shares at $72 a piece valuing the company at nearly $24bn. The offering ranked […]