Mar 29, 2019 - Technology
Lyft gets its IPO pop (sort of)
Lyft shares closed at $78.29 per share on their first day of trading, after raising $2.34 billion in the ride-hail company's IPO.
Bottom line: That an 8.74% bump over their IPO price but a 10.26% decline from their first open-market trades.
- Go deeper: Lyft's IPO doesn't reflect a market top