https://www.cnbc.com/2019/03/29/lyft-ipo-stock-starts-trading-on-public-market.html
The offering marks the first debut from a heavyweight class of tech companies going public in 2019.
Lyft revealed skyrocketing revenues in its initial IPO prospectus, but posted 2018 losses north of $900 million.
The stock's early performance will serve as something of a litmus test for public investors and their tolerance for mature, not-yet-profitable tech giants.
Submitted March 29, 2019 at 11:49AM by pipsdontsqueak https://ift.tt/2I0Ov92
