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LYFT IPO was issued at $ 7 2 / share . Before the IPO, Lyft had 2 4 0 million class A shares outstanding and
LYFT IPO was issued at $share Before the IPO, Lyft had million class A shares outstanding and wanted to issue additional million class A shares. On top of that, Lyft gave its underwriters options to purchase another million shares at $ each. When Lyft stock price fell below the IPO price of $ to support the stock price, up to how many shares the underwriters could buy from the open market without losing money?
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