Tuesday , January 19 2021

Lyft falls on Wall Street after his first appearance on Friday By Investing.com

© Reuters. Lyft falls on Wall Street after his first appearance on Friday

By Laura Sánchez

Investing.com – Judging as you open the value on Wall Street, perhaps Lout (NASDAQ 🙂 doesn't get as much reception today in the market in relation to last Friday. The demand-led transport company Lyff has today quoted a 10% fall, after its first appearance on Friday in the New York parquet, with a 20% increase at the start of its operations which closed at 8.74%.

The company started with a first price of 87.24 dollars, above price left 72 dollars laid Thursday at the end of stock trading.

As an Anwar Haris, an analyst at Investing.com, the stock could "see a strong shift in the share price following the success of its Friday IPO."

"Lyft shares are likely to see some volatility as investors turn their attention away from the public quickly to the company's efforts to limit their losses. Lyft lost 911 million of the 2,200 million dollars. T from income from 2018, compared to the losses of 688 million dollars of the 1,100 million dollars of the previous year's income, confirms Anwar.

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