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21:28
Jul 01
Jul 01
Lime Scooters IPO has fatal business flaws.
Lime Scooters has a fundamentally flawed business model. The scooters can only operate in a limited number of cities, those cities hate them, they are a nuisance on sidewalks, they are too slow for streets, people get injured, and the scooters get destroyed. They are banned in New York City, which is a fatal limitation for an urban transportation product. Bird, a similar scooter company, went public at $2.3B in 2021, lost 97% of its value in 12 months, and filed for bankruptcy.
MED
16:23
Jul 01
Jul 01
The operator of Lime electric scooters and bikes gained 8% after the company and some of its.
The operator of Lime electric scooters and bikes gained 8% after the company and some of its shareholders raised $174 million in an initial public offering.
15:16
Jun 30
Jun 30
Lime is said to be guiding its IPO pricing to the midpoint of its range or higher according.
Lime is said to be guiding its IPO pricing to the midpoint of its range or higher according to a report.
About LIME Analyst Coverage
Buzzberg tracks LIME across 3 sources. 0 bullish vs 0 bearish calls from 3 analysts. Sentiment: evenly split. 3 total trade ideas tracked. Latest voices: Thread Guy, Bloomberg, zerohedge.