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Lyft’s stock has a blue Monday as shares slide after public debut

Lyft’s stock has a blue Monday as shares slide after public debut

TechCrunch Startup News · TechCrunch

April 3, 20193m 15s

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Show Notes

Today, investors took off their rose-colored glasses (and pink-colored mustaches) and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut. And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their liking. Lyft’s shares suffered a pretty blue Monday in trading on the Nasdaq stock exchange today, closing down $9.28 (or 11.85 percent).

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