Lyft’s Tumbling Stock Is a Worrying Sign for Other Unicorns
A Lyft Inc. sign is displayed during the company’s initial public offering (IPO) at Lyft’s new service center in Los Angeles, California, U.S. (Photographer: Kyle Grillot/Bloomberg)

Lyft’s Tumbling Stock Is a Worrying Sign for Other Unicorns

(Bloomberg) -- Lyft Inc. closed its second day of trading 4.2 percent below its $72 public offering price, an ominous sign for the stampede of unicorn companies planning to follow the ride-hailing ...
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