20-03-2019 19:01

$2 Billion Lyft IPO is a Must-Buy, But Don’t Ignore These Risks

Less than two weeks ahead of its highly-anticipated $2 billion initial public offering, US ridesharing giant Lyft already has Wall Street bulls pounding the table. D.A. Davidson analyst Tom White has initiated coverage of Lyft with a “buy” rating and is expecting big growth numbers ahead. Lyft IPO Gives Investors Plenty to Love Lyft filed its S-1 form on March 1 and began its roadshow for potential IPO investors this week. The company expects to sell $2 billion worth of shares at a p
Read more »