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 Lyft may 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 just under $87/share, a pop of 21 percent on … Continue reading Lyft pops 21% on its first day of trading on Nasdaq after raising $2.2B in its IPO at a $24B valuation