By Faiz Siddiqui Faiz Siddiqui San Francisco-based tech reporter covering automation and the future of transportation, including Tesla, Uber and Lyft Email Bio Follow May 10 at 11:51 AM Uber’s stock started trading Friday in the year’s most hotly anticipated tech IPO, a key test of investor faith in the stability of Silicon Valley as a string of money-losing companies ready themselves to enter the market.
Any signs of trouble in trading on the New York Stock Exchange Friday could become a cautionary tale for a string of IPOs to follow, including Slack and Airbnb. Already, rival Lyft has seen stock prices tumble nearly 30 percent since its stock market listing less than two months ago.
Up in a puff of smoke and borrowed gas fumes...
Picked the wrong day didn't they 😂
Watch the pumpers getting in for a few hours then out. I hope it drops off the bat. This IPO is a symbol for everything that's wrong in this market. No profits - no value = gamble.
'ride-hailing giant'? Zounds!
uber pay your driver's at least as much as the Uber Fee that Corp gets.
Back in 2001, Amazon stock was trading at less than $10 and today it is trading at $1857; so if you had invested a $10000 back in 2001, today you would be worth $1.86 MILLION dollars...Uber would be the same,INVEST now!
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Uber set to go public valued at $82 billion in the year’s biggest IPOThe ride-hailing giant will price stock at $45 for a valuation of $82 billion. Windfall for CA in taxes. Uber, which doesn't pay it's workers and always runs a deficit, is simply a vehicle for money laundering. Stop acting like it's a real company just because it's nicer than the subway Sounds like a perfect time to invest in higher pay and benefits for Uber’s workforce
Source: washingtonpost - 🏆 95. / 72 Read more »
Uber valued at $82 billion in IPO as market jitters, Lyft woes weighUber Technologies Inc priced its initial public offering on Thursday at the low ... I think we all know that Uber is digitized slave labour; failing to provide a contractor business model where people can make a living in a 40-50 hour work week.
Source: Reuters - 🏆 2. / 97 Read more »
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO“In 54 years, I don’t think Berkshire has ever bought a new issue,” Warren Buffett said. Uber drivers planning to boycott all day of IPO and not drive. Make your plans accordingly. Yes - $BRK bought an IPO in 2018 ... StoneCo $STNE in the fall of 2018 ... guess Todd didn’t talk much about it or discuss!
Source: CNBC - 🏆 12. / 72 Read more »
Uber IPO: 5 things you need to know about the biggest IPO in yearsUber Technologies Inc. moved a step closer to a mammoth initial public offering on Friday. retheauditors UnicornBubble
Source: MarketWatch - 🏆 3. / 97 Read more »
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO everBerkshire Hathaway Chairman and CEO Warren Buffett explains why he passed on Uber's initial public offering. Nothing like watching 3 white Banksters on 'cnbc' while futures are down sharply. Buffet is a criminal. 😎😍 Pretty sure people should educate themselves on investments and not just count on what Warren is doing...justathought
Source: CNBC - 🏆 12. / 72 Read more »
Uber to price IPO at midpoint of target range or below: SourceUber will price its IPO at the midpoint of its target range or below a source told CNBC. Would be somewhat hilarious if Uber tanks it’s IPO
Source: CNBC - 🏆 12. / 72 Read more »
Uber Set to Price IPO at Midpoint of Target Range or BelowUber Technologies is on track to price its initial public offering at the midpoint of its target or below, according to people familiar with the matter, following a big stock-market drop and the disappointing debut of rival Lyft.
Source: WSJ - 🏆 98. / 63 Read more »
Uber IPO: Should you buy stock Day 1 or wait?Buying low and selling high — that’s the name of the game for investors looking to capitalize on IPOs. Play our game to find out how well you can predict the market.
Source: latimes - 🏆 11. / 82 Read more »
Uber prices IPO at $45 per share, toward the low end of rangeUber is preparing for its public debut on the New York Stock Exchange on Friday. NYSE Great... another unprofitable POS coming on the market... to unload on retail investors. $UBER NYSE Uber has reportedly compared itself to Amazon as it explained its money-losing business to investors. That's not entirely accurate. NYSE It will be a useless investment in the Co
Source: CNBC - 🏆 12. / 72 Read more »
Uber prices IPO at $45 per share, at low end of rangeUber is preparing for its public debut on the New York Stock Exchange on Friday. dkhos Uber is the easiest thing to short ever! dkhos Amazing how much time and energy CNBC is devoting to a company losing over a billion a year. 🤔 dkhos You vote for friggin Democrat Socialits, and you can kiss your $$ goodbye!
Source: CNBC - 🏆 12. / 72 Read more »