Can $UBER give $LYFT a Lyft?

It sure does need one. After being pushed into the IPO market land and opening up well above the IPO price at 72, it has been utterly obliterated into the ground. Every single investor is losing money here (unless you are shorting, but they aren’t investors). This is a gigantic fail of an IPO. Does UBER make the same mistake?

They are doing everything they can not to including holding a valuation much below what was originally estimated and attempting to open the share price lower to. From the looks of it LYFT is not getting a bounce on UBER’s

About the author: HeyImSnuffles Snuffles

Just Climbing the Wall of Worry and Picking the Right Time to Get out of the Way. I am a Nuclear Engineer who quit and has studied global and crypto markets for almost a decade.