Lyft (LYFT) IPO Opens Up 21%
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March 29, 2019 7:00 AM EDT
NEW YORK, March 29, 2019 (GLOBE NEWSWIRE) --
What:Â Lyft, Inc. (Nasdaq: LYFT), the fast-growing multimodal transportation network, rang the Nasdaq Opening Bell remotely from their new Lyft Driver Center in Los Angeles, California, today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
In honor of the occasion, Logan Green, Co-Founder and CEO of Lyft and John Zimmer, Co-Founder and President of Lyft will ring the Opening Bell with Lyft drivers from across the country.
When:Friday, March 29,... More
March 28, 2019 5:30 PM EDT
SAN FRANCISCO, March 28, 2019 /PRNewswire/ -- Lyft, Inc. today announced the pricing of its initial public offering of its Class A common stock at a price of $72.00 per share. Lyft is offering 32,500,000 shares of its Class A common stock, plus up to an additional 4,875,000 shares that the underwriters have the option to purchase. The shares are expected to begin trading on the Nasdaq Global Select Market on March 29, 2019 under the ticker symbol "LYFT" and the offering is expected to close on April 2, 2019, subject to customary closing conditions.
J.P. Morgan Securities LLC, Credit Suisse Securities (USA)... More
