If You'd Invested $1,000 in Lyft Stock 3 Years Ago, Here's How Much You'd Have Today
LYFTLyft(LYFT) The Motley Fool·2024-09-05 21:45

Can Lyft's shares reverse course?Lyft (LYFT 1.94%) has been a publicly traded stock since March 2019. The company sold 32.5 million shares at 72,raisingabout72, raising about 2.3 billion from its initial public offering (IPO). Initially, the ride-hailing business planned on selling about 30.8 million shares at a price range between 62and62 and 68. But the share price quickly went south after they began trading. If you decided to invest in Lyft three years ago, how much money would you have now?Shareholders lost moneyThree ...