TradeWeb IPO: Lyft a Cautionary Tale as TW Stock Rockets 25%

lyft stock tradeweb ipo

The TradeWeb IPO launched on Thursday, and shares are up over 25%. The OTC electronic trading outfit is the latest “unicorn” to go public this year, following Lyft’s highly publicized listing on the Nasdaq. As short seller’s pile into LYFT stock, it should be a cautionary tale for investors loading up on TW and its $6 billion valuation. Carl Icahn Dumped Lyft Shares on George Soros and You Never...

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