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Lyft has struggled to keep that green bar...green. $LYFT

Nothing we love more than festive charts documenting the performance of recent tech IPOs. But pay close attention—this is through March 29. Since then, Lyft has struggled to keep that green bar…green.

Lyft stock finished lower 0.06% in its third trading session—which wasn’t quite so bad as the 12% it lost a day earlier. As Axios points out, it’s pretty weird that an IPO so well-loved as Lyft’s would lose steam without any earth-shattering bad news or a material disclosure. Plus, the short sellers haven’t even sunk their vampire teeth into the stock yet.

The big question: It’s still very early, but does Lyft’s shaky start on the public market blanket the rest of 2019’s highly anticipated tech IPOs with a sense of foreboding?

And the even bigger question: Do you think Lyft will be in the red or in the green if Statista were to make the same chart exactly one year from now? Vote here.



























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6 comments:

  1. i don't know much about stocks, but Uber is more popular. I'd invest based off that personally.

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  2. Wow... Lyft has really had it bad this time. I have always seen them as one of the top giants in the industry but I guess that won't be the case for a while now.

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  3. They can still come back up if they get serious with what they are doing. This is just a little issue and so it just needs the right approach to fix things and go green again.

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  4. Do I think Lyft will be in the red or in the green if Statista were to make the same chart exactly one year from now? Honestly, I think they will likely hit red because the way things are going, they are really nosediving really fast and unless they have an a-game plan, they may not like the result.

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  5. Oh, I'm going to vote for real because the progress is not looking too good and I hope it doesn't get worse than it is right now if it won't improve anymore.

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  6. I had to grab my notepad to write down some valid points. I got a friend who argues a lot about $vyst stock chart analysis but I bet this will shut him up since it's clear and worthy.

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