Lyft’s stock slump signals beginning of bumpy ride

In this Jan. 31, 2018, file photo, a Lyft logo is installed on a Lyft driver’s car in Pittsburgh. Lyft’s stock fell 10 percent in trading Monday, April 1, 2019, just one day after the company went public. (AP Photo/Gene J. Puskar, File)

NEW YORK — When Lyft made its hotly anticipated debut on the public market, its stock jumped 21% to $87.24 a share, up from its offering price of $72.