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IPOs: Snap Vs. Lyft

Published 04/01/2019, 02:38 PM
Updated 07/09/2023, 06:31 AM
SNAP
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LYFT
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The IPO everyone, and I mean everyone, was talking about last week was LYFT (NASDAQ:LYFT). I haven’t seen this much excitement over an IPO, especially among millennials, since the Snap (NYSE:SNAP) IPO. As a reminder, here’s SNAP until its recent recovery:

Snap

I chimed in on the LYFT IPO as well, although in a less enthusiastic way (interestingly, this was my most-Liked tweet ever, I think):

Slope Of Hope

Anyway, I did try, but no one listened. The buy-at-open orders flooded in Friday morning, and even though the stock has been a public company for literally 8 trading hours at this point, it’s down almost 20%.

Lyft

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