Lyft pops 21% on its first day of trading on Nasdaq, after raising $2.2B in its IPO at a $24B valuation - dailyOnews

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Friday, March 29, 2019

Lyft pops 21% on its first day of trading on Nasdaq, after raising $2.2B in its IPO at a $24B valuation



Ride-hailing startup Lyft may bear the distinction bearing highest net loss of any maiden public company ever going public, but despite that, it made its debut in a high gear this morning in. Trading as LYFT on Nasdaq, the company’s shares opened at nearly noon today at $87.24, a pop of 21 pe…

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