Lyft rises 8.7% on its first day of trading

For years, Uber tried to bulldoze ahead of Lyft and other rivals through a mix of aggressive fundraising and dirty tricks. At one point in 2017, Uber's former CEO, Travis Kalanick, was caught bragging on video that it was "a piece of cake" to compete with L

Lyft IPO priced at $72 per share

Lyft, the second biggest ride-hailing service in the US, priced its initial public offering at $72 a share on Thursday, valuing the company at around $24 billion.