FT: "Profit questions throw Lyft shares into reverse"

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FT: "Profit questions throw Lyft shares into reverse"

Excerpt from the Financial Times quoting DataTrek’s Nick Colas:

…. ” IPOs that attract retail investors, such as Lyft, can lead to more volatile trading, complicating the job for banks acting as “stabilisation agents”, said Nick Colas, co-founder of DataTrek Research. “Retail investors trade in smaller size. With institutional investors it’s more transparent”….

Read the full article here in the Financial Times!