Why the Lyft IPO Blew a Tire

This article was originally published on ETFTrends.com.

By Alan Brett and Matt Moscardi via Iris.xyz A week into the highly publicized and discussed initial public offering for Lyft Inc., the ride-sharing company, and it’s hard to say it went exactly as planned. After closing at more than $78 per share on the day of the IPO, shares dropped as much as 20% [...]

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