LIME Loading... : Bullish and Bearish Analyst Opinions
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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 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 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. Past 7 days: 3 watch. Latest voices: Thread Guy, Bloomberg, zerohedge.