How Have 2019's Biggest IPOs Performed?

Beyond Meat shares were up more than 800% on its IPO price at one point, but Lyft and Uber have found the journey as a public company a bumpier ride

James Gard 19 August, 2019 | 11:02AM
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Beyond Meat

Co-working office space firm WeWork is the latest new economy “unicorn” to prepare for a 2019 IPO, but after a so-far disappointing journey for two of this year’s biggest flotations, Uber (UBER) and Lyft (LYFT), will investors be warier this time around?

Uber’s IPO in May was one of the most hotly anticipated of recent years but shares are still below the float price. Lyft listed before Uber and has struggled to match early expectations. Social sharing site Pinterest (PINS) has fared rather better than the ride-sharing firms, while Beyond Meat (BYND) has been the surprise success story of this year’s floats, tapping into the growing demand for meat-free foods. Its first day of trading saw the biggest percentage gain for an IPO since 2000, reviving memories of the heady days of the dotcom boom. From a float price of $25, Beyond Meat's shares hit $235 in late July, a rise of 839%. 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Beyond Meat Inc96.00 USD0.00Rating
Janus Henderson Hrzn GlbTechLdrs I2USD192.98 USD0.45Rating
Lyft Inc Class A48.12 USD0.00Rating
Pinterest Inc50.68 USD0.00Rating
Polar Capital Global Tech I Inc94.97 USD-0.53Rating
Scottish Mortgage Ord1,526.75 GBP2.26Rating
Uber Technologies Inc45.72 USD0.00Rating
Vanguard U.S. Eq Idx £ Acc741.01 GBP-0.11Rating

About Author

James Gard  is content editor for