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Uber's stock was up 2.4% at $42.22 in afternoon trading, but the shares have dropped 6% from the price set in the May 9 IPO amid investor worries over whether the company is able to make money.
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Uber's valuation at IPO this Friday, based on its tentative offering price, will be $84 billion. The company is seeking to raise as much as $9 billion, and is expected to be the year’s biggest U ...
Uber is eager to beat Lyft to Wall Street, according to sources familiar with the matter, a sign of the company's entrenched competitiveness. Uber makes confidential filing for long-awaited IPO ...
Internet-based ride-hailing company Uber isn't making money … and it may never make any money. As Uber prepares to go public, its drivers are on strike. It lost $3 billion last year. Stock in ...
On Dec. 7, two days after its rideshare rival Lyft filed to go public, Uber Technologies Inc. followed suit . Despite raising $2 billion in a bond offering in October, an Uber initial public ...
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Uber Technologies Inc (IPO-UBER.N) on Thursday filed publicly with the U.S. Securities and Exchange Commission for its initial public offering (IPO), taking it a step closer to one of the largest ...