Posts filtered by tags: Pacific The IPO[x]


 

Lyft closes up 10% on first day of trading

Pink confetti fell from the ceiling Friday as Lyft co-founders Logan Green and John Zimmer celebrated their company’s IPO. The stock offering was a bonafide success, with shares selling for $87.24 apiece Friday morning — 21 percent higher than Lyft’s initial $72 share price — and closing at about $79 per share. Lyft raised roughly $2.3 billion Thursday evening, hours before ringing the opening bell of the Nasdaq on Friday around noon Pacific. The IPO gave Lyft an initial market cap of about $24 ...
Tags: Startups, Transportation, Lyft, Tech, Green, Venture Capital, Zimmer, Emily Chang, Logan Green, John Zimmer, Pacific The IPO, Bloomberg TV Lyft, Los Angeles Lyft


Lyft closes up 9% on first day of trading

Pink confetti fell from the ceiling Friday as Lyft co-founders Logan Green and John Zimmer celebrated their company’s IPO. The stock offering was a bonafide success, with shares selling for $87.24 apiece Friday morning — 21 percent higher than Lyft’s initial $72 share price — and closing at $78.29 per share. Lyft raised roughly $2.3 billion Thursday evening, hours before ringing the opening bell of the Nasdaq on Friday around noon Pacific. The IPO gave Lyft an initial market cap of about $24 bil...
Tags: Travel, Startups, Transportation, Lyft, Green, Venture Capital, Zimmer, Emily Chang, Logan Green, John Zimmer, Pacific The IPO, Bloomberg TV Lyft, Los Angeles Lyft