Largest IPO in the last 5 years: Lyft
Lyft, Uber's main competitor in the United States, will offer investors 32.5 million shares at prices ranging from $70 to $72. Earlier, the company planned to sell securities for $62 -$68. Lyft's capitalization could pass $20 billion and reach $24.3 billion - even though in 2018 the company's capital was only $15 billion. Lyft's IPO may become the largest in US history since 2014, when the Chinese company Alibaba became public.
Why is it important?
The value of Lyft shares has increased due to increased attention from investors who are afraid to lose a major profit. In 2014, the capitalization of Chinese company Alibaba was just $20 billion, and today the e-commerce giant cost 20 times more - $460.7 billion. A few years later, articles, such as "How much would you earn if you invested $1,000 in Alibaba years ago" began to appear. Same thing happened with Bitcoin, which grew ten thousand times by the end of 2017.
If you are afraid of missing the chance of your life, we advise you to take a closer look at buying Lyft shares.