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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.
The valuation, outlined in a regulatory filing on Friday, is less than the $120 billion that investment bankers told Uber last year it could fetch, and closer to the $76 billion valuation it ...
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The initial public offering for Uber is coming, and a lot of people are worried it will be a dud.Source: Shutterstock The trends aren't great. Bookings and revenue growth are slowing, while the ...
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 ...
They talk about Uber Technologies and its upcoming IPO, the boom in initial public offerings this year and the way that human longevity affects technology. Peter Diamandis on Uber, this year's IPO ...
Details from the ridesharing giant's report show revenue of $11.3 billion in 2018, but slowing quarterly growth.
One of the upsides of being in the capital markets business for 20 years is that I've seen, heard, and done it all … most of it twice. I saw the rise and fall of the dot-coms. I saw the ripple ...