The no. 2 US ride-hailing company said in a statement that it priced 32.5 million shares on Thursday at $72 each, which was at the top of the marketed range. Lyft also increased the size of the offering from the 30.8 million shares it had planned to sell. At that price, the IPO gives Lyft a market value of about $20.6 billion.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UbBWzm
Sunday, March 31, 2019
Home
/
Business News: Latest News on Business
/
Financial News
/
India Business & World Business News
/
Stock Markets
/
Lyft raises $2.3bn, shares priced at top of range
Lyft raises $2.3bn, shares priced at top of range
About RANI
Prasanjit Acharya is a professional Tech blogger, Digital marketer from India. His intrest in computer and internet has made him as a self proclaimed geek. He basically belongs to Bhubaneswar,Odiha.
Related Posts:
Stock Markets
Labels:
Business News: Latest News on Business,
Financial News,
India Business & World Business News,
Stock Markets
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment