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Read More »Lyft sued by investors over sinking stock
When Lyft went public last month, its first day of trading was strong, with its share price closing at $78.29. That’s $6.29 higher than its preopen share price of $72. Then things took a turn. By day two, the ride-hailing company’s share price fell to $69.01. It’s been on a downhill slide ever since. As of Thursday’s close, Lyft’s share …
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