Why Lyft’s IPO may be more attractive than Uber’s

This article was originally published on November 19, 2018 and has since been updated.

Of all the companies going public in 2019, no two are likely to be more closely watched and compared than Uber and Lyft.

Of course, for the two largest U.S. ride-sharing giants that have been battling each other for market share for years, that comparison is nothing new. But as the two companies near respective initial public offerings, the question posed to public investors will no longer be about which firm can deliver the better ride, but rather, which will deliver a stronger return.

Answering that question will ultimately depend on an array of factors, including the price at which each company begins trading. Lyft is expected to price its stock Thursday above its previously indicated range of $62 to $68 a share, according to the Wall Street Journal, which would indicate strong investor demand. But beyond price, there are a few important distinctions between the two ride-sharing giants investors should consider.

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