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Lyft Scores $500 Million Funding Round Ahead of IPO

Lyft just raised an additional $500 million, and anxious investors are hoping a Lyft IPO is on the way in 2018. The company is making aggressive moves, and they are paying off. Lyft went from a $7.5 billion valuation in June to an $11 billion valuation as of October. But before getting caught up in the hype, this is what you need to know about Lyft stock... Tags: lyft ipo To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Lyft Scores $500 Million Funding Round Ahead of IPO appeared first on Money Morning - We Make Investing Profitable .
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