Is Pinterest Stock a Good Buy Right Now?

Hot IPOs can be tough to gauge, particularly in a market like this where volatility is climbing and the declines are being exacerbated by trade-war worries. We’ve seen big declines in names like Lyft (LYFT) and more recently Uber (UBER) , although others like Pinterest (PINS) and Zoom Video (ZM) have been doing much better. Zoom has been off to the races — still up roughly 100% from its IPO price — while Pinterest continues to hold onto its strong yet more reasonable gains. Shares have been chopping between $28…

How Much Is Uber Stock Really Worth?

You can’t really say it’s been a rough IPO market, with many names performing quite well since going public. Zoom Video (ZM) , Pinterest (PINS) and others have been strong thus far. However, we can say it’s been a rough IPO market for ride-hailing services as both Uber (UBER) and Lyft (LYFT) have seen strong selling pressure since making their debuts. Lyft opened for trading near $88 in late March and is quickly down $40 a share six weeks later to $48 on Monday. The stock is down about 6%…

How to Trade Lyft Stock After Its First Earnings Report

Shares of Lyft (LYFT)  were rising about 2% to $60.50 in early Wednesday trading following its first earnings report as a public company on Tuesday. When a company can report a non-GAAP loss of $9.02 per share and miss estimates by $7.95 per share and rally, it may just be time to buy. That’s a bit tongue-in-cheek, but all kidding aside it’s impressive that Lyft stock is able to rally despite a somewhat alarming headline result. Here’s Wall Street’s takeaway.  While it was able to grow revenue 95.4% year over…

Why Lyft Is the Worst Thing to Happen to the IPO Market

Lyft (LYFT stock climbed 1.7% to $61.15 in Thursday trading, but the rally’s doing little to comfort the investors who saw their position hammered to the tune of ~9% in the prior session. In short, the Lyft IPO has been a disaster. It was the front-runner to a long list of other IPOs coming later this year, like Uber, Pinterest, Slack, Peloton and others. Airbnb is another massive unicorn, but management was already on the fence about a 2019 IPO. Lyft’s debut certainly didn’t help matters. There was a ton of demand…

How Much Alphabet Could Net From Uber and Lyft IPOs

Recent reports say Uber is hiring multiple investment banks to underwrite its IPO. Keep in mind that while Lyft will more than likely beat Uber to the public markets, the valuations won’t even be close. Estimates suggest that Lyft will garner a valuation between $20 billion and $25 billion when it files for its IPO, while Uber will likely be in excess of $100 billion and perhaps push up toward $120 billion. Do investors realize that would almost make Uber more valuable than Tesla (TSLA) , General Motors (GM) and Ford…