Morgan Stanley — which is underwriting Uber’s IPO — is denying reports that it marketed a short-selling product to Lyft investors

It’s getting bare-knuckled out there again in the ride-hailing wars. According to a report earlier today from The Information, newly public Lyft threatened Morgan Stanley with legal action earlier this week, demanding in a letter that the powerful investment bank stop marketing a short-selling product that it believed was disrupting trading in its stock. It …

Continue reading “Morgan Stanley — which is underwriting Uber’s IPO — is denying reports that it marketed a short-selling product to Lyft investors”