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    • Another Ride-Sharing Giant Just Went Public

      Another Ride-Sharing Giant Just Went Public

      With a ring of the opening bell, Uber began picking up passengers as a newly minted public company Friday, giving investors a chance to bet on a service with huge potential but a long way from turning a profit. Shares in the ride-hailing giant were s…
      - 15 days ago, 10 May 19, 11:36am -
    • Beyond Meat's IPO Was Beyond Successful

      Beyond Meat's IPO Was Beyond Successful

      Investors have a big appetite for fake meat. The shares of Beyond Meat, the purveyor of plant-based burgers and sausages, more than doubled Thursday in its Nasdaq debut. It's the first pure-play maker of vegan "meat" to go public, according to Renais…
      - 23 days ago, 3 May 19, 2:00am -
    • Most Profitable Company in World Isn't What You Think

      Most Profitable Company in World Isn't What You Think

      Saudi Arabia has let the world see the financials for its national oil company for the first time, and they couldn't be much better. Saudi Aramco posted $111 billion in net income in 2018, making it the world's most profitable company by far. That $1…
      - 54 days ago, 1 Apr 19, 7:47pm -
    • As Lyft Goes Public, Founders Get Very Rich

      As Lyft Goes Public, Founders Get Very Rich

      Think ride-hailing is the future of transportation? It's now possible to put some money behind your faith. Lyft began trading publicly on the Nasdaq exchange Friday, and investors seemed receptive. Shares opened at $87.24, roughly 21% higher than the…
      - 57 days ago, 29 Mar 19, 1:00pm -
    • Lyft's IPO Stats: Fast Growth, Big Losses

      Lyft's IPO Stats: Fast Growth, Big Losses

      Lyft got the ball rolling Friday on what the Wall Street Journal expects will be one of the busiest seasons for tech IPOs in years. Lyft won't actually go public until late March or early April, but it released its IPO documentation to give the publi…
      - 85 days ago, 1 Mar 19, 6:10pm -
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