|Day Low/High||33.50 / 35.56|
|52 Wk Low/High||14.56 / 68.33|
Don't get carried away with bearish bets before enough information arises.
For now, traders are finding enough to feel positive about.
Here are the bad actors: * The lead investment bankers - JP Morgan, Credit Suisse and Jeffries - who placed the shares in bad hands, priced the deal too aggressively and failed to commit seriously to a syndicate bid. * The business media spent much ...
Tesla's CEO is encountering an experienced jurist on Thursday.
Use the swoon to buy, but wait until the coast is clear and nothing happens and it is just a random rotation.
The end to the surge in Shopify shares could be near.
There are a few signs of problems so don't get too comfortable with long positions.
I have had to think long and hard about Lyft, the stock, not the ride-sharing company.
Both U.S. and Chinese economic data is coming in stronger than expected, which will help support this rally.
Let's look at the top-five performing stocks in the Dow for the first quarter. They are incredibly illuminating.
Poor trading action in Lyft will likely create some distrust of upcoming IPOs, and Uber in particular.
With the public rushing into bonds, buybacks and a lack of new supply were behind this rise.
Will 2019 be the year of Unicorn? While the year may not be thought of in terms of pure volume, if we do indeed see Uber and Pinterest joining Lyft with public offerings this year, then we can certainly begin the debate. Should Slack, the We Company...
CarMax report serves as warning for new auto sales, but potential good news for car-sharing companies.
While this may have been the best quarter since 2009, we are heading into a weaker period of time seasonally.
Lyft will have to grow into this market cap. I think it will do it.
The market has given up some of its early gains, but the major indices are all still in the black. Homebuilders have given up their 1% rally early today and now are flat. The Atlanta Fed's GDPNow has the economy growing 1.7% now from the last readin...
Valuation and all the other issues that are being discussed are secondary to the price action.
Here's how I approach IPOs and what I think about Lyft.
Less than a hour to go before the market open as we await the last trading day of the first quarter. Pre-market futures are still pointing to a up opening. Gilead Sciences is up some 2% this morning after developmental partner Galapagos announced so...
Lyft's IPO is looking like a party bus, but how long can the sentiment stay strong?
As a trader, I very well may participate in Lyft stock. As an investor? No thank you.