IPO

Uber Vs Lyft: Which IPO Will Fare Better For Investors?

Uber Vs Lyft: Which IPO Will Fare Better For Investors?

It’s been five weeks now since Lyft has gone public. In that time, Lyft has taken a 38.6% haircut from the peak reached on the very first day of trading — Fibonacci fans rejoice. With the Uber IPO on deck, investors are surely wondering if it will turn out like Lyft’s IPO or if it’s different this time. Or maybe the entire ride-sharing business model is in a bear market.