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David Kass

SMITH BRAIN TRUST - Shares of Lyft (NASDAQ:LYFT) were still sagging days after the ride-hailing service had its initial public offering on the New York Stock Exchange. And that had Maryland Smith's David Kass offering some advice.

In what's poised to be a big year for big-name IPOs, Kass lists five reasons to ease up on the gas pedal and proceed with caution.