A Wall Street sign hangs in front of American flags outside the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Victor J. Blue/Bloomberg)
Lyft IPO's Biggest Winner May Be Startups' Private Valuations
(Bloomberg) -- Tech unicorns got a bounce in their step with Lyft Inc.’s initial public offering valuing it at $22.4 billion after its first day of trading.