By CCN.com: Lyft is now a publicly traded company, and retail investors are clamoring for a slice. Shares roared at the open to $87, considerably higher than the $72 sale price. This 20% bump is an impressive showing, but is it enough to make Lyft a strong buy? Retail Investors Pile into Lyft after Friday IPO Already, the stock has given up 8% of these gains and is threatening a break below $80. One analyst believes it would be an absolute disastrous move to dive into the fray, and he took to Twitter to warn investors to stay far away
The post Lyft Stock Surges 20% after IPO – This Analyst Warns Investors to Run appeared first on CCN
source https://www.ccn.com/lyft-stock-surges-20-after-ipo-this-analyst-warns-investors-to-run
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