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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 (NYSE:UBER) has suffered a rather underwhelming debut on the public markets. Its IPO priced at the low end of expectations. Even that wasn't enough. UBER stock started dropping from 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 ...
Uber's debut on the New York Stock Exchange hit with a resounding thud. One strategist says the company remains at least worth $100 billion.
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 ...