How have 2019's biggest IPOs performed?

A look back on the disappointing debuts from Uber and Lyft, and our thoughts on the intrinsic value of other public offerings beneath the hype

James Gard 26 August, 2019 | 1:54AM

Beyond Meat executive team

Co-working office space firm WeWork is the latest new economy “unicorn” to prepare for a 2019 IPO, but after a so-far disappointing journey for two of this year’s biggest floats, Uber (UBER) and Lyft (LYFT), will investors be warier this time around?

Uber’s IPO in May was one of the most hotly anticipated of recent years but shares are still below the float price. Lyft listed before Uber and has struggled to match early expectations.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Beyond Meat Inc109.92 USD-3.55
Lyft Inc Class A41.82 USD-1.65
Pinterest Inc20.96 USD-3.19
Uber Technologies Inc35.89 USD-6.32

About Author

James Gard

James Gard  James Gard is subeditor for Morningstar.co.uk.