Lyft shares should only be worth $59 according to valuation guru (CNBC)

Lyft went public on March 29, pricing sharees at $72 but closed today around $70.

The ride-hailing company's stock price should be closer to $59 says NYU Stern professor Aswath Damodaran, who values Lyft around $15 billion, considerably lower than its valuation at IPO over $20 billion.

More https://www.cnbc.com/2019/04/09/lyft-shares-should-worth-59-nyu-stern-professor-aswath-damodaran.html

Submitted April 09, 2019 at 10:17PM by markyu007 http://bit.ly/2UJ0bEb