Lyft just raised an additional $500 million, and anxious investors are hoping a Lyft IPO is on the way in 2018.
The company is making aggressive moves, and they are paying off. Lyft went from a $7.5 billion valuation in June to an $11 billion valuation as of October.
But before getting caught up in the hype, this is what you need to know about Lyft stock...
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