Uber-backed Lime's shares rise in Nasdaq debut
Uber-backed Lime's shares rise in Nasdaq debut July 1 (Reuters) - 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)
Recent news on Neutron Holdings
See all newsBonfires of electric bikes burn in Paris riots (updated)
Bonfires of electric bikes burn in Paris riots
Italy fines Rome e-scooter firms Bird, Dott and Lime around $3.1 million (updated)
Refile: Italy fines Rome e-scooter firms Bird, Dott and Lime €2.7 million
U.S. STOCKS ON THE MOVE-Kroger, Meta, Sable