Big Investors Unmoved by Lyft Stock’s Dip

Big Investors Unmoved by Lyft Stock’s Dip

on April 1, 2019

Lyft’s shares dropped more than 11 percent Monday morning, the ride-haling company’s second day of trading on the Nasdaq, with the stock falling below its initial public offering price of $72. But the stock’s dive should not be a concern for large investors, said Rashaun Williams, general partner at Manhattan Venture Partners.

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