Uber stock has worst first day ever Unlisted Video

Uber started trading on Friday in an initial public offering that valued the company at $75.5 billion. By the end of day Friday, the stock was trading down 6.7% off the $45 a share, where the company had priced on Thursday night. With a cumulative loss of $655 million, it's the worst first-day dollar loss of a US IPO. Visit Business Insider's homepage for more stories. The much-anticipated Uber initial public offering managed to break a record, but not one that investors would've hoped for.