Lyft raises IPO price target as investor fret over missing out

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-lyft-ipo/lyft-raises-ipo-price-target-as-investor-fret-over-missing-out-idUSKCN1R82FY

Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past the ride-hailing startup's mounting losses to the company's growing market share against larger rival Uber Technologies Inc.