Shares of Lyft Hit Fresh Lows 2 Weeks After IPO Debut

MarketsETF Trends

This article was originally published on ETFTrends.com.

Shares of ridesharing company Lyft hit fresh lows on Wednesday, falling as much as 6 percent as skepticism regarding its valuation continues to put downward pressure on its stock price. After debuting with an opening price of $72, Lyft continues to struggle with analyst downgrades early on in its publicly-traded existence. Lyft was already in a [...]

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