Lyft raises $2.3billion, shares priced at top of range

The no. 2 US ride-hailing company said in a statement that it priced 32.5 million shares on Thursday at $72 each, which was at the top of the marketed range. Lyft also increased the size of the offering from the 30.8 million shares it had planned to sell. At that price, the IPO gives Lyft a market value of about $20.6 billion, based on the shares that were to be outstanding after the IPO, according to earlier filings.

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