Lyft Worrying signs for coming IPOs

Lyft: Worrying signs for coming IPOs

Lyft, in the “highest-profile stock sale of the year,” slipped below its offering price this week amid Wall Street “concerns about how fast the ride-sharing company can start making money,” said Esha Day in Bloomberg.com. Though the muchhyped company is still valued at around $20 billion, it’s a disappointing debut. Continue Reading