- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: LYFT IPO - $72 per share, 20 billion valuation
Posted on 4/1/19 at 2:29 pm to crazycubes
Posted on 4/1/19 at 2:29 pm to crazycubes
quote:
Price just fell below $70/share.
down 10 bucks today to well below the IPO price.
not good
1
Posted on 4/1/19 at 2:55 pm to cgrand
yep. again, i just don't know how they grow. my guess is ads in the cars.
ETA: thinking about that Black Mirror episode where if you close you eyes, the ad stops playing and won't finish until you watch it. the lyft car comes to a stop if you try to mute or close your eyes while an add is playing!
ETA: thinking about that Black Mirror episode where if you close you eyes, the ad stops playing and won't finish until you watch it. the lyft car comes to a stop if you try to mute or close your eyes while an add is playing!
This post was edited on 4/1/19 at 2:57 pm
Posted on 4/1/19 at 3:00 pm to crazycubes
i am not a sophisticated investor and have never claimed to be...but i just do not see how these companies (lyft, uber, waitr) will ever make money. i think lyft by itself lost almost $1B (with a B) last year
they are going to get into a wage fight with their drivers, the big cities they are most successful in are already fighting gridlock on the streets, and its straight up a liability nightmare
they are going to get into a wage fight with their drivers, the big cities they are most successful in are already fighting gridlock on the streets, and its straight up a liability nightmare
Posted on 4/1/19 at 3:10 pm to cgrand
quote:
i am not a sophisticated investor and have never claimed to be...but i just do not see how these companies (lyft, uber, waitr) will ever make money. i think lyft by itself lost almost $1B (with a B) last year
I don't claim to be an expert either but people have been making money off of the "taxi" concept since it began... Lyft/Uber can parlay their service in a number of different directions... whether that be marketing,data, delivery service etc. Now does that mean I believe in the company? Not necessarily but they have a ton of usage and could theoretically make or lose money a number of different ways.
Posted on 4/1/19 at 3:30 pm to bayoubengals88
SIAP but Lyft has the model that works best for partnerships for the trillions of dollars of public trans infrastructure retro that are coming in the next 10 years in the US.
That said, im too old to take risks with my money. But if I was 25, i would but that shite.
That said, im too old to take risks with my money. But if I was 25, i would but that shite.
Posted on 4/2/19 at 8:12 am to deeprig9
Looking like it's going to open around 69.
Does this thing get down to like 63? Maybe, its falling like a rock
Does this thing get down to like 63? Maybe, its falling like a rock
Posted on 4/2/19 at 8:15 am to Pendulum
premarket is $66 right now
Posted on 4/2/19 at 8:21 am to Azazello
So many people were saying off the cuff on friday, "If it gets to the 50s I'll play." Here we go. At some point this thing is going to redirect hard.
Posted on 4/2/19 at 8:37 am to Pendulum
Posted on 4/2/19 at 9:22 am to Pendulum
quote:
Lyft shares are continuing lower following 2 days of losses since the company began trading. Seaport initiated coverage of the stock with a Sell rating and announced a $42 price target.
Posted on 4/10/19 at 10:55 am to bayoubengals88
Posted on 4/10/19 at 10:59 am to castorinho
quote:
Lyft shares are trading lower after competitor Uber said it plans to sell $10B of stock in a May IPO.
Posted on 4/10/19 at 8:22 pm to cgrand
LYFT at $60 is a steal! Buy all day!
Posted on 4/11/19 at 2:11 pm to TDFreak
quote:
Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, is investigating whether Lyft, Inc. ("Lyft" or the "Company") (NASDAQ: LYFT) or certain of its officers and directors violated federal securities laws. If you purchased Lyft stock pursuant and/or traceable to Lyft's Initial Public Offering ("IPO") in March 2019, you are encouraged to contact a Scott+Scott attorney at (844) 818-6982 for more information.
Lyft's IPO was priced at $72 per share. On April 10, 2019, the stock closed at $60.12, representing a loss of over 14%.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News