Lyft Plumbs Record Lows as Uber Prepares for 2019's Biggest IPO Filing

7:47am PDT - April 10th, 2019    lyft stock - Bloomberg

Lyft Inc. shares took yet another nosedive on Wednesday amid reports that larger rival Uber Technologies Inc. could be filing for an initial public offering as soon as Thursday. The shares are plumbing record lows, down as much as 7.7 percent in New York.