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Why investors should avoid hitching a ride on Uber's IPO

Assif Shameen
Assif Shameen • 9 min read
Why investors should avoid hitching a ride on Uber's IPO
SINGAPORE (Apr 22): Investors who found some way to short the stock of Lyft, the No 2 ride-hailing player in the US, have had a great ride since its IPO three weeks ago. Lyft’s stock plunged to US$56.11 on April 15, down 22% from its IPO price, or 35% b
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