Uber and Lyft Face Off in Closely Watched Race to Go Public [MSN Money]
Morgan Stanley (MS)
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Source: MSN Money
Uber Faces Off Against Lyft in Closely Watched Race to Go Public © TheStreet With the SEC up and running again after the governmt shutdown, the IPO gears are grinding back to life. Simple Ways to Increase Your Tax Refund Get started now Ad Turbotax Uber Technologi and Lyft Inc., both planning highly-anticipated public offerings, could be two of the first unicorns to take the plunge in the public markets this year. It's not confirmed publicly which ridhare giant plans to go first, but both reportedly have received feedback from the SEC on their IPO proposals. But the significant disparity in their siz and valuations could influce how both are ultimately received by the market. That could put prsure on the rival ridhare firms to be the first to go public. "I think Lyft will try to get out first; they are both racing, but I hope Lyft go out first," said Duncan Davidson, a partner at Bullp Capital. "I think Uber may trade below and Lyft may trade higher, so if Lyft go out first it would b
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