Lyft increases expected IPO range to between $70 and $72 a share
Lyft Inc. LYFT, +0.00% increased the amount it expects to charge for shares in its initial public offering Wednesday afternoon, raising the expected range to $70 to $72 a share. Previously, the ride-hailing company said it expected to charge $62 to $68 a share in the IPO, which is expected to price Thursday after the market closes. Earlier in the week, The Wall Street Journal reported that the company was expected to price above its original range amid strong demand for the IPO.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Lyft raises IPO price range ahead of Friday IPOLyft raised its expected price range to $70 to $72 per share, according to an amended S-1.
Baca lebih lajut »
Box Office: Jordan Peele's 'Us' stuns with $70 million opening weekendLOS ANGELES (Variety.com) - Talk about scary good.
Baca lebih lajut »
Box Office: Jordan Peele's 'Us' stuns with $70 million opening weekendThe psychological thriller about a family confronted by a band of doppelgangers nearly doubled projections, which estimated a three-day total in the $38 million to $45 million range. 'Us' now has the largest weekend for original horror movie, surpassing 'A Quiet Place,' as well as
Baca lebih lajut »
More shale, who cares? Saudi Arabia pushes for at least $70 oilBudget needs are forcing Saudi Arabia to push for oil prices of at least $70 per...
Baca lebih lajut »
Saudi Aramco agrees to buy PIF's stake in SABIC for $69.1 billionSaudi Aramco has agreed to buy a 70 percent stake in Saudi Basic Industries Corp...
Baca lebih lajut »
Lyft to Price Shares Above Targeted Range of $62 to $68 in IPOLyft is expected to price its shares above the targeted range for its initial public offering, in a sign of strong investor demand ahead of the ride-hailing service’s debut.
Baca lebih lajut »