It tumbled 7.6 percent from its I.P.O. price on Friday. Now all eyes are on its second day on the public stock markets. Source: NYT > Business –
With Interest: The Week in Business: The Truth About Drug Costs, and Uber’s Disappointing I.P.O.
Plus, the continuing trade drama with China, and a pledge to end extremist content online. Source: NYT > Business – CHARLOTTE COWLES
Uber Stock Slides in Disappointing Trading Debut That Followed Muted I.P.O.
Uber’s road to the public market has been rocky. Last year, investment bankers said it could be valued at $120 billion upon I.P.O. That number has declined in recent weeks. Source: NYT > Business – MIKE ISAAC
DealBook Briefing: Uber’s I.P.O. Gets Off to a Modest Start
The ride-hailing company was valued at $82.4 billion, well beneath the $100 billion that it had forecast to some investors. Source: NYT > Business –
Uber Prices I.P.O. at $45 a Share, Valuing It at $82.4 Billion
The ride-hailing giant’s valuation is the third largest for a company going public on an American exchange. Source: NYT > Business – MICHAEL J. de la MERCED and KATE CONGER
Uber Prices I.P.O. at $45 a Share, Valuing It at $82.4 Billion
The ride-hailing giant’s valuation is the third largest for a company going public on an American exchange. Source: NYT > Business – MICHAEL J. de la MERCED and KATE CONGER