March 28, 2019
(Reuters) – Ride-hailing startup Lyft Inc raised $2.2 billion in its initial public offering on Thursday by pricing 30.77 million shares at $72, the top of its already elevated $70-$72 per share target range, according to a person familiar with the matter.
The source asked not to be identified ahead of any official announcement. Lyft did not immediately respond to a request for comment.
(Reporting by Joshua Franklin in New York; editing by Grant McCool)