Where to buy cheaply Lyft & Uber stocks

IQoption News & tips

The IPO activity is not slowing down, and neither IQ OPTION. Another round of stocks became available on our trading platform: Uber, Pinterest, and Zoom, Lyft.

Need a Lyft?

To call it an anticipated arrival would be an understatement. Lyft has been under the spotlight ever since its trading debut, so to meet the growing demand, IQ OPTION has added a new stock to assets collection.

If the latest IPO launches have taught us anything, it’s that the market’s reaction is tough to predict. Some did surprisingly well, while others seemed to have overestimated the demand for their offerings.

Can the first day of trading define the future of these companies, or should we expect the sentiment to change?

For example you can now speculate on the price movements of four big tech stocks like Lyft, Uber, Pinterest, Zoom.

For example you can now speculate on the price movements of four big tech stocks like Lyft, Uber, Pinterest, Zoom.

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Uber

Lots of tech companies went public this year, but it feels like Uber stole the show. Its IPO price went down 7.6%, making it one of the most disappointing launches to date. Sounds familiar? Lyft, another ride-hailing giant, had a similar experience when it entered the public market which put a strain on Uber’s trading debut.

But what has been a setback for Lyft and Uber, can be an opportunity for traders who look to capitalize on falling stock prices.

Pinterest

There were high hopes for the fast-growing yet unprofitable Pinterest whose shares went up 30% in its debut last month. However, the quarterly earnings didn’t meet analysts’ expectations, reporting bigger losses compared to last year. As a result, Pinterest stocks went down slightly, but they still remain way above their IPO price. So what’s keeping investors interested? Growth initiatives, valuable user base or maybe monetization opportunities?

Zoom

While Zoom doesn’t get as much media coverage as the companies mentioned above, for many investors it’s what’s inside that counts — specifically, profit. This, combined with an attractive business model and customer experience, earned the video conferencing start-up a 72% rise in its share price. Not many anticipated Zoom to do so well, especially with big players like Cisco and Microsoft already taking up a large chunk of the market. Will the demand hold out now that the company has proved its value? Only time and technical analysis will tell.

PLEASE NOTE: The articles on this website are not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.

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Please note: The articles on this website are not investment advice. Some of the links in the post or page above may be affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission.

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