NEW YORK (AP) — Lyft officially kicked off the road show for its initial public offering with 30 million shares expected to sell for between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing company, which could be valued between $20 billion and $25 billion eventually. Lyft has been in a race with Uber to be first to offer its stock to the public. Lyft released financial details for the first time this month, reporting $2.2 billion in revenue but $911 million in losses.Read more on NewsOK.com
Lyft Opens Up Its Ipo Road Show, Offers 30 Million Shares
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Mon, 03/18/2019 - 4:07am
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