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Lyft Shares Open at $87.24, 20% Higher Than IPO Listing ...

Ridesharing company Lyft (NASDAQ:LYFT) began its day as a publicly traded company Friday, and investors were very interested in the company's shares. Lyft's stock began trading around 11:55 a.m. at $87.24 per share, which was a 20% jump from the company's IPO price of $72 per share.…

Lyft - Wikipedia

Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 644 cities in the United States and 12 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, a bicycle-sharing system, and a food delivery services. Lyft is the second-largest ridesharing company in the United States with a 28% market share after Uber, according to Second …Founded: June 9, 2012; 7 years ago (as Zimride)…