So lyft is going public with expected price of 70 to 72$. With that price how many of you guys will be paper millionaire tomorrow and what will be your net worth. How much stock you hold?
I bet the price per share will drop to $30 in a month or two and $5-10 afterwards
It will go up on first couple of days then drop big time before eventually stabalizing . I’ll be buying shorts when they are available
Can someone educate me in situation like this, when can the employee sell their stock after IPO? How is the trading window set?
how long is the lockout period for selling shares, or is there one? if there isn’t there’s going to be a massive employee sell off which will be hilarious.
Most companies have a 6 month post-ipo lockout
Remember when Facebook went under $20 after lockout? Pepperidge farm remembers
Jeez, this describes me 😅
Two sigma, the place where engineers work on beating the stock market 😂
Atleast a thousand millionaires I imagine
Cannot wait for all the self proclaimed financial analysts on blind to come flocking towards this post. 🍿
Lyft stock will plummet before they can sell because who in their right mind would bet on Lyft over Uber?
Why would you say so?
Well we will see how the market react. Just one day but do you think share price justify the fundamental??