Trading starts at more than 20% above the IPO price for Lyft.
March 29, 2019
Our investors are thrilled to hear that Lyft debuted this morning at $87.24, more than 20% above its IPO price of $72. From the listing, Lyft raised about $2.3B by selling 32.5M shares at $72. The initial pop has resulted in Lyft's valuation reaching $25 billion.
To read the full article on CNBC, click here.
