FT: “Profit questions throw Lyft shares into reverse”By admin_45 in IN THE NEWS
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!