• Triton

Lyft Rises in IPO, but Faces a Challenge

In her article for the New York Post, Carleton English recapped Lyft's first day of trading following its IPO. The stock closed at $87.24, up 21% from its IPO price of $72.00. In the article, however, English quoted Triton's Rett Wallace, who said about the upcoming Uber IPO: “If Uber discloses metrics, that puts a lot of pressure on Lyft. It could ake Lyft’s first quarter really uncomfortable." Full article in the New York Post - HERE