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The Lyft IPO: What You Need To Know
Wednesday, March 27, 2019 - 9:40am | 534Read More...In the race to the U.S. markets, Lyft is about to lap Uber and other ride-hailing rivals. The Offering According to Lyft’s amended S-1 filing, the company will issue 30.77 million shares between $62 and $68 on the Nasdaq under ticker "LYFT." A source familiar with the matter told...
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Recode Editor: Uber, Lyft's Business 'Tough Going From A Financial Point Of View'
Tuesday, March 26, 2019 - 2:45pm | 724Read More...Ridesharing giant Lyft (NASDAQ: LYFT) is going public this week at an estimated valuation of at least $20 billion. This is just weeks before the anticipated IPO of larger competitor Uber, which is valued at around $120 billion. Palantir ($41 billion valuation), Airbnb ($31 billion valuation) and...
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Pro: Why Uber Spent $3.1B To Buy Middle Eastern Rival
Tuesday, March 26, 2019 - 12:08pm | 374Read More...Ahead of a planned initial public offering in the coming months, ride-hailing company Uber spent $3.1 billion to buy Middle Eastern rival Careem. What Happened Uber and rival Lyft's story is a tale of "David versus Goliath," tech investor Ann Winblad told CNBC Tuesday. While some...
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Cramer, DataTrek's Colas Talk Lyft Ahead Of Anticipated IPO
Monday, March 25, 2019 - 3:22pm | 609Read More...This year will be a busy one for IPOs, but it pales in comparison to the "heyday" of the 1990s, DataTrek Research co-founder Nick Colas said during a recent CNBC "Trading Nation" segment. Only 52 IPOs In 2018 Throughout 2018, there were only 52 tech IPOs — around...
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IPO Outlook For The Week: Biopharm, Gene Editor And Lyft
Sunday, March 24, 2019 - 5:16pm | 263Read More...For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud. IPO dates below are expected but not confirmed. Genfit S.A. (GNFT) will issue 5 million shares at $26.33 each Wednesday on the Nasdaq. The offering represents 13.8 percent of Genfit’s outstanding shares....
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Barron's Picks And Pans: Caterpillar, GM, Lyft And More
Saturday, March 23, 2019 - 4:12pm | 493Read More...This weekend's Barron's discusses how to invest like an activist. Other featured articles examine prospects for the future of transportation and a celebrated unicorn about to go public. Also, mid-cap stocks with big dividends and an industrial stock ready to bloom. "Investing Lessons...
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Lyft Wins First Sell-Side Bull Before IPO; DA Davidson Sees $105B Rideshare Sector By 2029
Wednesday, March 20, 2019 - 9:57am | 423Read More...Lyft is set to IPO at the end of the month, and it’s already oversubscribed, according to CNBC. Investors are gobbling up shares of the ride hailing company, and analysts are no less optimistic. The Analyst D.A. Davidson analyst Tom White initiated coverage of Lyft with a Buy rating and...
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Economist: Lyft Has Better Path To Profitability Than Uber, But Concerns Remain
Wednesday, March 20, 2019 - 8:05am | 660Read More...In the battle for rideshare supremacy, Lyft has been the quintessential second-mover to its rival Uber. Lyft which is hosting its IPO roadshow this week, appears likely to beat Uber to the public market in a massive $23-billion IPO, but an analyst tells Benzinga that until both companies can prove...
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Lyft's IPO Roadshow: What You Need To Know
Saturday, March 16, 2019 - 8:19am | 612Read More...Lyft plans to launch the roadshow this week leading up to one of the largest and most highly anticipated IPOs in recent years. Here’s a look at what an IPO roadshow is and what investors can expect. What's A Roadshow? The first steps in conducting an IPO are for the company going public...
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Lyft The First Unicorn To File An IPO In 2019
Monday, March 4, 2019 - 10:38am | 886Read More...Lyft, the San Francisco-based ride-hailing startup, filed documents with the Securities Exchange Commission for its initial public offering of equity. The number two ride-sharing company in the United States filed for an initial offering of $100 million—a number that will change as fees are...
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Report: Uber, Lyft Will Help Drivers Become Shareholders
Thursday, February 28, 2019 - 11:55am | 383Read More...Ride-hailing rivals Uber Technologies and Lyft are gearing up to go public and are pursuing ways for their drivers to participate in the planned IPOs, The Wall Street Journal reported. What Happened Uber and Lyft are looking to reward some of their most active or longest-serving drivers with a cash...
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Report: Pinterest Eyeing IPO This Year
Friday, February 22, 2019 - 11:47am | 337Read More...Pinterest, the social media platform that allows users to "pin" images or videos to their boards, is aiming for an initial public offering in 2019, according to The Wall Street Journal. What Happened Pinterest confidentially submitted paperwork with the Securities and Exchange Commission...
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Today's Pickup: A Supreme Court Verdict That Could Shrink Margins Of Uber And Lyft
Thursday, January 17, 2019 - 11:30am | 823Read More...Good day, Last year, the Supreme Court gave out a verdict that has sweeping ramifications for taxi-hailing companies like Uber and Lyft. The Supreme Court decision would make it a lot harder for on-demand hailing companies to label their workers as independent contractors (as is the norm right now...
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Growth Of Ride-Hailing Market In The US Is Strewn With Uncertainties
Tuesday, January 8, 2019 - 4:15pm | 846Read More...The term "ride-sharing" has seen incremental relevance since the dawn of this decade, as services like Uber and Lyft expand robustly across the U.S., trying to cater to the common man with services that range from cab-hailing and carpooling to on-demand electric scooter hailing. However,...
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The Unicorns Most Likely To Test IPO Waters In 2019
Sunday, December 23, 2018 - 10:55am | 1068Read More...Despite a rough fourth quarter, 2018 was a robust year for U.S. IPOs, with deal numbers and proceeds rising 19 percent and 32 percent, respectively, to 190 and $47 billion, according to IPO investment manager Renaissance Capital. The firm attributed the buoyancy to abundant health care, tech and...
















