3 ms·
If the underwriter has every incentive to lowball the price, why on earth was Morgan Stanly selling its clients ways to short the Lyft IPO? https://techcrunch.
by stefan_ 8y ago
If the underwriter has every incentive to lowball the price, why on earth was Morgan Stanly selling its clients ways to short the Lyft IPO?
https://techcrunch.com/2019/04/05/morgan-stanley-which-is-underwriting-ubers-ipo-is-denying-reports-that-it-marketed-a-short-selling-product-to-lyft-investors/ https://techcrunch.com/2019/04/05/morgan-stanley-which-is-un...
- twakefield 8y agoHere's another theory that they were not [0]. [0] https://www.bloomberg.com/opinion/articles/2019-05-07/lyft-s-ipo-was-a-little-awkward https://www.bloomberg.com/opinion/articles/2019-05-07/lyft-s...