Lyft expected to raise more than $2-billion from upcoming IPO

Monday, March 18, 2019
SAN FRANCISCO (KGO) -- Lyft is hoping to be valued at up to $23-billion in its initial public offering. Monday, it entered the final stage of its push to become the next big publicly traded tech start-up.

According to Tech Crunch, the stock will trade as "LYFT" on NASDAQ, and the IPO range is currently set for between $62 and $68 per share.

RELATED: Impending Lyft IPO could mean big bonuses for drivers and sweeping changes for customers

That's expected to raise more than $2-billion.

Lyft's stock could debut as early as next week.

Check out more stories and videos about Lyft.
Copyright © 2024 KGO-TV. All Rights Reserved.