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M*: Does Your Mutual Fund Own Lyft?

TedTed
in The Bullpen
FYI: Ride-sharing company Lyft is set to go public this week. The company is one of several highly anticipated IPOs, with competitor Uber and content-sharing website Pinterest also expected to make their public market debuts this year. The wave of IPOs comes amid a strong start to the year for U.S. equities. The S&P 500 was up 12.2% for the year to date through March 25, 2019, providing favorable timing for newly listed companies that hope to benefit from broader market tailwinds.
Regards,
Ted
https://www.morningstar.com/articles/921160/does-your-mutual-fund-own-lyft.html
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