Wednesday, March 20, 2019

Lyft reveals its IPO price range and fundraising goals

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For its Wall Street debut, the company says shares will be priced around $65. According to TechCrunch, Lyft aims to sell over 31 million shares. Lyft adds that stock sales will propel them to raise just over $2 billion. Should expectations be met, Lyft would be worth up to $23 billion come the first day of trading.  Read more...

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