Uber opens at a disappointing $42 per share

At long last, it's lift-off for Uber.


10 May, 2019TECHCRUNCH.COM

Uber opens at a disappointing $42 per share | Beamstart

At long last, it’s lift-off for Uber. After pricing its initial public offering at $45 per share, at the bottom end of the range it set previously, to raise $8.1 billion, transportation startup began trading today on the New York Stock Exchange, and the shares opened at $42, down from the IPO price.

Ahead of Uber finally making its debut, the company had an indication price that went as low as $42 ahead of live trading. With the overall market in a slump this week over trade woes with China, it’s a challenging time to list, to say the least....

This article can only be viewed by registered members. Please log in to view it.

Be Part of this Story


More Stories


AboutContactEnglish