Lyft Announces Pricing of Initial Public Offering

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Lyft (LYFT) IPO Opens Up 21%

March 29, 2019 11:48 AM EDT

Today's IPO for Lyft (NASDAQ: LYFT) opened for trading at $87.24, after pricing 32,500,000 shares at $72 per share, the high end of the expected range. Underwriters have the option to purchase up to an additional 4,875,000 shares.

J.P. Morgan Securities LLC, Credit Suisse Securities (USA)... More