Lyft's IPO oversubscribed on road show's second day: sources

Lyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday.

from Reuters: Business News https://ift.tt/2TjCI7M