Matthew Cheslock, an equity trader at Virtu Financial, talked to TheStreet about Lyft's roadshow and what the ride-hailing service's aim to raise $2 billion means for the company.
"If they can get $2 billion in the IPO, that'll be a tremendous start for them," Cheslock said. However, he added, the competition between Uber and Lyft will be in focus. "So, how much money is going to be focused on just Lyft? That's the question you'll see on the roadshow," he added.
But, what about some of the other headlines hitting the financial markets Monday morning?
The Federal Reserve is meeting on Tuesday and Wednesday. With a February jobs number that came in well below expectations--20,000 jobs added--investors may be wondering just how dovish the Fed will be during its meeting.
How Much Money Will I Need to Retire? Want to learn about retirement planning from some of the nation's top experts? Join TheStreet's Robert "Mr. Retirement" Powell live in New York on April 6 for our Retirement Strategies Symposium. For a limited time, tickets are available for $99 for this full-day event. Check out the agenda, learn about the speakers and sign up here.