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Uber and Lyft Stocks Hit Record Low

It’s been a year for tech IPOs. Between less-than-stellar debuts for popular companies like Uber and SmileDirectClub, and WeWork’s IPO being shelved, there’s been a lot to write about.

Today, both Uber and Lyft’s stocks reached their lowest prices since they began trading earlier this year. Uber’s stock hit a low of $28.65 before closing at $29.15, while Lyft hit $38.68 and closed at $39.57.