News UK, Uber, Uber IPO, IPO, Emil Michael, UBER

Former Uber exec says it slumped at IPO because investors don’t ‘understand the Uber story,’ and predicts a comeback fueled by autonomous technology (UBER)

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CNBC Uber’s first day of trading was not a rousing success, with stock slumping almost 8% from its IPO price. Emil Michael, a former high-ranking executive at Uber, told CNBC this happened because investors do not properly understand how valuable the company is. He said that the company’s work on autonomous driving technology will drive […]

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