Here's Why Potbelly Shares Fell 20% to a Record Low Today

Credit: Motley Fool- Published on May 8, 2019
Management blamed everything from the weather to the federal government shutdown for its bad first quarter.
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Credit: Wochit Business
Published on May 9, 2019 -  00:39
Lyft shares hit record low, piling pressure on Uber ahead of IPO
Reuters reports that Lyft Inc’s stock dropped nearly 11% on Wednesday. The slump marks a record low after the ride-sharing company posted a deep quarterly loss. The fluctuations in market prices is putting pressure on Uber Technologies Inc as it prepares to launch its initial public offering. Uber, the world’s largest ride-hailing company, is aiming for a valuation of $80.5 billion to $91.5 billion.

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