Uber is set to begin trading in one of the largest US IPOs on record

Published May 10, 2019 70 Plays $0.04 earned

Rumble / Trending NewsUber is set to begin trading on the New York Stock Exchange on Friday in one of the largest initial public offerings in US history.
After pricing at $45 apiece, giving Uber a valuation of $75.5 billion, shares are indicated to open between $46 and $48.
In October, Wall Street banks were floating a $120 billion valuation.
Uber is expected to raise $8.1 billion through its IPO process, and another $500 million through a PayPal private placement.

0 COMMENTS