Uber and Lyft are both revving up for two of the most anticipated IPOs of 2019. In three rounds, we look at which company will be a better bet for investors. Lyft Inc. is expected to price its shares above the targeted range for its initial public offering, in a sign of strong investor demand ahead of the ride-hailing service’s imminent debut. Lyft, which is currently conducting a roadshow to market the shares, has told some investors that it is likely to price the stock above its previously targeted range of between $62 and $68 a share, according to people familiar with the deal. While it is unclear what level it will pick when the shares are priced late Thursday, it is unlikely...

Source: Wall Street Journal March 26, 2019 15:39 UTC