Uber shares opened at $42 in their trading debut, down from their $45 IPO price, giving the company a valuation of about $77 billion
Uber Technologies Inc. lurched onto the public markets Friday, starting the next chapter for a company that broke private financing records, changed the way the world thinks about transportation and rewrote the startup playbook.
The ride-hailing company’s stock opened at $42 on the New York Stock Exchange, compared with its IPO price of $45, giving the company a valuation of roughly $77 billion.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber opens at $42 in market debut, after pricing at $45 per shareWatch Uber begin trading for the first time ever. The stock opened at $42 in its market debut, after pricing at $45 a share. $UBER
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.
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.
Read more »
Uber Leaning Toward Pricing Shares at $45 Apiece—SourcesThe landmark IPO of ride-hailing firm Uber is expected to price later Thursday as investors weigh a broader stock-market decline and the struggles of rival Lyft’s shares.
Read more »
Uber prices shares at $45 for biggest U.S. IPO since FacebookUber Technologies Inc.’s highly anticipated public offering will raise more than $8 billion, the company disclosed Thursday afternoon, making it the biggest...
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.
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.
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.
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.
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.
Read more »