Ride-sharing startup Lyft this morning announced that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in around two weeks. Around that, it also filled in some more details. The stock will trade as “LYFT” on Nasdaq and the IPO range is currently set for between […]
View More Lyft sets $62-68 price range for its IPO to raise $2B, will trade as LYFT on NasdaqCategory: NASDAQ
Lyft unveils its S-1 and nearly $1B in 2018 losses
According to the filing, Lyft recorded $2.2 billion in 2018 revenue on a net loss of $911 million.
View More Lyft unveils its S-1 and nearly $1B in 2018 lossesMarkets drop sharply as China implements new tariffs against U.S.
Who would have thought a potential trade war would cause investors to sell? U.S. markets plunged today as China announced that it was implementing tariffs on $3 billion worth of American goods, mostly in agriculture and steel production. The Dow was down nearly 600 points today an hour before markets closed, and the NASDAQ was […]
View More Markets drop sharply as China implements new tariffs against U.S.Facebook shares drop 4.4 percent following Cambridge Analytica debacle
Facebook has been at the center of a hectic debate about Cambridge Analytica and the company’s improper use of Facebook data. As a result, Facebook shares (NASDAQ:FB) opened at $177.01, down 4.4 percent compared to Friday’s closing price of $185.09. Share prices are still going down after the opening bell. NASDAQ as a whole is […]
View More Facebook shares drop 4.4 percent following Cambridge Analytica debacleDropbox, a company that turned down an offer from Steve Jobs in 2009, is finally going public
The place where you may or may not store and share your photos, PDFs, and other documents is going public.
Dropbox, a cloud storage company based in Silicon Valley’s heart San Francisco, is listing on the Nasdaq under the stock ticker $DBX, acc…
Crunch Report | Sequoia Capital’s Next Fund Could Be $5 Billion
Daimler acquires a majority stake in an Uber competitor in France, Sequoia Capital’s next fund could be a $5 billion one and an iced tea company changes its name to Long Blockchain and its value skyrockets. All this on Crunch Report. Read More