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Lyft Takes a Fall, S-1 Reads Like Business School Homework

publication date: Apr 2, 2019
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Image Source: Lyft S-1

Reminiscences of the dot-com boom came back to the markets with the over-hyped initial public offering of Lyft, a stock that continues to get shellacked as its first days as a publicly-traded enterprise. Those that know Valuentum know that we wouldn’t touch such investments with a 10-foot pole. The company lost $43 per share in 2018.

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