NEWS

Lyft beats Uber to IPO and begins trading on the Nasdaq

Lyft beats Uber to IPO and begins trading on the Nasdaq

Trading under the ticker symbol LYFT, the company’s shares were priced at a higher-than-expected $72 for the initial public offering as the opening bell rang on Friday morning. The company’s executives rang the bell remotely from a party in Los Angeles inside of a former car dealership they plan to convert into a center for their company’s drivers. Lyft won the race to go public with its much larger rival Uber, giving investors their first chance to get in on the peer-to-peer ride-sharing business.

Original Article: http://www.dailymail.co.uk/news/article-6865317/Lyft-beats-Uber-IPO-begins-trading-Nasdaq-24-BILLION-valuation.html
Original Video: http://www.dailymail.co.uk/video/news/video-1893776/Video-Lyft-beats-Uber-IPO-begins-trading-Nasdaq.html

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