Lyft prices IPO at $72 a share, valuing company at $24B

SAN FRANCISCO (AP) — Lyft set the price for its stock at $72 per share late Thursday, setting the stage for the ride-hailing pioneer’s hotly anticipated stock market debut.
The price is at the high end of a revision Lyft made after high investor demand prompted the company to increase its initial goal of fetching $62 to $68 for each of the nearly 31 million shares sold in the IPO. The price sets Lyft’s market value at $24 billion, which will quickly change Friday after the shar