Lyft shares pop 21 percent at start of IPO

Nothing could keep traders from snatching up Lyft shares Friday — not even a nearly $1 billion loss in 2018. Shares of the ride-sharing company were changing hands at $87.24 on their first trading day on the Nasdaq — up 21 percent from Lyft’s increased initial public offering price of $72 apiece. The excitement came...

from Technology News & Reviews | New York Post https://ift.tt/2FIGzYv

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