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LIME — Neutron Holdings News Story

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Uber-backed Lime's shares rise in Nasdaq debut

Uber-backed Lime's shares rise in Nasdaq debut

- Uber-backed Lime's shares jumped 8% in its Nasdaq debut on Wednesday after the company raised $167 million in its U.S. IPO, valuing the electric scooter and bike operator at about $1.73 billion.

Its shares opened at $27, compared with the initial offering price of $25.


(Reporting by Utkarsh Shetti in Bengaluru; Editing by Tasim Zahid)

((UtkarshUmesh.Shetti@thomsonreuters.com;))

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