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Browse: Home / Lyft

Lyft

Well, That Didn’t Take Long: Lyft Hit with IPO-Related Securities Suit | The D&O Diary

By Securities Docket on April 19, 2019, 9:06 am

On March 28, 2019, amidst much fanfare, the rideshare company Lyft went public at $72 a share, raising more than $2.2 billion.  In the first trading day following the offering, the company’s share price rose 8.7 percent. However, despite the initial euphoria, Lyft’s share price then began to slump. Lyft shares closed at $58.36 on […]

Posted in Class Actions, Top | Tagged IPOs, Lyft

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