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The 3 Biggest Reasons to Avoid the Lyft IPO Next Week

As the first big public offering of 2019, Wall Street has been generating a lot of hype around the Lyft IPO. Over the last few years, ride-sharing services have created a new generation of contractors under a gig economy. Beyond that, they've dethroned the tax industry with their rise to the top of transportation. And Lyft's estimated $23 billion value has some investors convinced. But don't let the buzz distract you from a few key red flags... Tags: lyft ipo To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The 3 Biggest Reasons to Avoid the Lyft IPO Next Week appeared first on Money Morning - We Make Investing Profitable .
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