Here’s What Analysts Are Saying About Uber’s IPO

Uber’s long-awaited initial public offering has analysts mulling over one big unanswered question: Does Uber have a realistic path to profitability? The ride-hailing company’s public stock listing on Friday comes amid a wave of blockbuster tech IPOs, including one by rival Lyft nearly two months ago. Uber’s financial details, revealed in the run up to […]

Beyond Meat Inc. May Have Just Had the Best IPO Debut of 2019

Beyond Meat Inc. piled on the beef-substitute market value as it headed for what could be the year’s best debut for a U.S. initial public offering. The maker of vegan beef and sausage substitutes soared, rising as much as 192 percent from its IPO price of $25 share. The shares opened at $46 and were […]

Postmates Expands to 1,000 More Cities As IPO Looms

Postmates is betting on more people wanting food delivered to their doorsteps. The delivery company announced on Tuesday that it has added 1,000 more cities to its service, bringing the total number of cities in its universe to 3,500 across 50 states. With the expansion, Postmates says it’s available to more than 70% of U.S. […]

Airbnb Leads $150 Million Investment in Startup Designing Apartments for Travelers

Just weeks after its last investment, Airbnb is taking the lead on funding another company that complements its home rental service. This time around, Airbnb’s investment will help fuel the growth of apartments specifically designed for travelers. Lyric said Wednesday that it had raised $150 million in funding, with Airbnb as the lead investor. Lyric, […]

Lyft Stock Tumbles Two Days After its IPO

Lyft’s high-flying stock has taken a dive just a day after debuting on the Nasdaq. And the shockwave could rock other big tech companies readying for their own initial public offerings this year. “This is a pivotal few weeks of trading ahead to gauge street demand for the name as valuation and profitability continue to […]

Lyft Kicks Off Highly-Anticipated ‘Year of the IPO’

Lyft’s initial public offering on Thursday is the first of a series of highly-anticipated debuts by tech companies in public markets. And so far, Lyft is proving that it’s the right time to make the leap. “With what we’re seeing with the excitement and feedback from the investment community, this IPO market could end up […]

Pinterest Plans to Be More ‘Shoppable’ as a Public Company

Pinterest is betting big on ads and e-commerce as it heads to the public market, breaking away from its hobbyist beginnings as it aims to show investors it can eventually turn a profit. The online bulletin board plans to grow by making it easier for users, or pinners, as Pinterest calls them, to buy products. […]

Levi Strauss Stock Surges 32% Upon Returning to Stock Market After a 34-Year Absence

After a 34-year absence, Levi Strauss slid back into the public stock market as easily as, yes, putting on an old pair of blue jeans. Levi Strauss, which retreated from the stock market after going private in 1985, staged the biggest U.S. IPO so far in 2019 when it sold 36.7 million shares priced at […]

Lyft Delivers a Few Punches to Rivals in its IPO Filing

In the race to go public this year, Lyft has a head start on rival Uber — at least when it comes to unveiling the details about its planned initial public offering. And though Lyft is gaining market share and revenue, its losses continue to rise while the growth of its ridership slows–both factors that […]