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March 29, 2019 03:51 pm GMT

Lyft pops 21% on its first day of trading on Nasdaq, after raising $2.2B in its IPO at a $24B valuation

Ride-hailing startup Lyftmay bear the distinction of having highest net loss of any maiden public company ever going public, but despite that, it made its debut in a high gear this morning. Trading as LYFT on Nasdaq, the company’s shares opened at nearly noon today at $87.24, a pop of 21 percent on the $72/share […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/LE3nY8LZr2s/

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