lyft: Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that's gaining ground on its rival Uber, according to The Toronto Star. With the revision disclosed Wednesday, March 27, 2019,Lyft is now seeking 70 to 72 per share, up from its previous goal of 62 to 68. The next big test comes Friday morning when the San Francisco company's stock will begin trading on the Nasdaq exchange under the ticker symbol LYFT. This Jan. 31, 2018 file photo shows a Lyft logo on a Lyft driver's car in Pittsburgh. Gene J. Puskar, File / AP Photo In this Jan. 31, 2018, file photo, a Lyft driver opens the Lyft app on his phone while waiting for a fare in Pittsburgh. With the revision disclosed Wednesday, March 27, 2019, Lyft is now seeking 70 to 72 per share, up from its previous goal of 62 to 68. Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that's gaining ground on its rival Uber.
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