26-04-2019 19:28 via feedproxy.google.com

Lyft sinks to new low after Uber updates its IPO filing

Lyft shares touched a record low on Friday morning after its ride-hailing rival Uber updated its filing for an initial public offering.
Uber is seeking a valuation of up to $90 billion, down from the $100 billion that was previously floated.
Lyft was down as much as 3% on Friday morning.
Watch Lyft trade live.
Lyft touched a record low Friday morning after its ride-hailing rival Uber updated its initial-public-offering filing. 
Lyft shares fell more than 3% early Friday, touching a low of $
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