Today, investors took off their rose-colored glasses (and pink-colored mustaches) and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut.

And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their liking.

Lyft’s shares suffered a pretty blue Monday in trading on the Nasdaq stock exchange today, closing down $9.28 (or 11.85%).

Once trading after the pink confetti was swept up off the floor and analysts and investors had a different story to tell about one of the first unicorns to make its public debut.

Part of the reason for the company’s share price tumble was a report from Guggenheim Partners analyst Jake Fuller, which voiced skepticism about the ride hailing company’s

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