Markets > Industry

Don't Be Surprised by Uber's Low-Priced IPO-It's a Sign of Challenges to Come

4 monthes ago   |   By Fortune

The newly public shares of Lyft have failed to deliver the sustained liftoff for which many investors have hoped. And rival Uber has priced its highly anticipated IPO at $45 , the low end of the price range that it set two weeks ago. In financial statements , released last month, Uber revealed slowing growth and operating losses ahead of its offering. Should investors be surprised? Not in the least. In fact, this should serve as a useful reminder to small investors hoping to purchase IPO firms' shares after they start trading in public markets of an important fact: In the long run, the...
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Uber fizzles in Wall Street debut, opens below $45 IPO price

4 monthes ago   |   By Reuters

Uber Technologies Inc's shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of the year as other high-profile startups such as Slack and WeWork look to go public.
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YTMF08 Under Review as Shares Touch 100.34

4 monthes ago   |   By Wall Street

Shares of YTMF08 is moving on volatility today -0.09% or -0.09 from the open. The ASX listed company saw a recent bid of 100.34 on 463 volume.
On a typical market day there is no shortage of stock news. Investors are often tasked with trying to decipher which news is worth paying attention to and which isn't. Not only is there plenty of swirling news, there are usually plenty of opinions that follow. Closely following market sentiment can be useful for some, but it may impede others when decisions need to be made. When it comes to dedicated stock research, taking shortcuts may result in...
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Uber falls 7% below initial offering, valued $82B

4 monthes ago   |   By Review Journal

Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets.
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Uber falls in market debut

4 monthes ago   |   By Reuters

Shares of Uber started their first day of trading with a rare drop as investors question the value of a company that's lost $8 billion since it created the ride-sharing industry.
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We rode in a self-driving Uber - here's what it was like

4 monthes ago   |   By Business Insider

Uber opened for trading as a public company Friday at $42 a share.
Leading up to its IPO , Uber faced backlash from its drivers over pay and working conditions.
In 2016, Business Insider got to ride in one of Uber's self-driving cars before the company rolled them out in Pittsburgh.
Visit Business Insider's homepage for more stories.
Uber opened for trading as a public company Friday at $42 a share. Leading up to its IPO , Uber faced backlash from its drivers over pay and working conditions.
In 2016, Business Insider got to ride in one of Uber's self-driving cars before the company rolled...
Read more ...

 

Uber tumbles 9% in rocky stock market launch

4 monthes ago   |   By Reuters

Uber Technologies Inc's shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a rocky start for one of the most high-profile U.S. companies to go public since Facebook Inc seven years ago.
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Don't Be Surprised by Uber's Low-Priced IPO-It's a Sign of Challenges to Come

4 monthes ago   |   By Fortune

The newly public shares of Lyft have failed to deliver the sustained liftoff for which many investors have hoped. And rival Uber has priced its highly anticipated IPO at $45 , the low end of the price range that it set two weeks ago. In financial statements , released last month, Uber revealed slowing growth and operating losses ahead of its offering. Should investors be surprised? Not in the least. In fact, this should serve as a useful reminder to small investors hoping to purchase IPO firms' shares after they start trading in public markets of an important fact: In the long run, the...
Read more ...

 

Wattle Health Australia Limited : Tracking the Indicators

4 monthes ago   |   By Wall Street

The +DI is presently above the -DI on shares of Wattle Health Australia Limited. Traders focusing on these levels may be watching for the stock to be gaining bullish momentum.
Stock market investing can indeed tug on an individual's emotional strings. When the market becomes tumultuous, investors may be tempted to act impulsively, or they may freeze and not act at all. Being prepared for various scenarios may help the investor better deal with the market when the time comes. Staying disciplined with portfolio rebalancing and asset allocation may be a big help for the individual investor...
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Uber Stock Slides in Disappointing Trading Debut That Followed Muted I.P.O

4 monthes ago   |   By NY Times

Uber's road to the public market has been rocky. Last year, investment bankers said it could be valued at $120 billion upon I.P.O. That number has declined in recent weeks.
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Lyft hits record low as Uber slumps in Wall Street debut

4 monthes ago   |   By Reuters

Lyft Inc's stock slumped to a record low on Friday as Uber Technologies, another company hemorrhaging billions of dollars, fell in its Wall Street debut.
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Uber tumbles 9% in rocky stock market debut

4 monthes ago   |   By Reuters

Uber Technologies Inc's shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile U.S. initial public offerings since Facebook Inc's seven years ago.
Read more ...

 

Uber starts trading at $42 a share, 6.7% below IPO price

4 monthes ago   |   By Reuters

Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago.
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Uber opens at a disappointing $42 per share

Uber opens at a disappointing $42 per share

4 monthes ago   |   By Tech Crunch

At long last, it's lift-off for Uber. After pricing its initial public offering at $45 per share , at the bottom end of the range it set previously , to raise $8.1 billion, transportation startup began trading today on the New York Stock Exchange, and the shares opened at $42, down from the IPO price.
Ahead of Uber finally making its debut, the company had an indication price that went as low as $42 ahead of live trading. With the overall market in a slump this week over trade woes with China, it's a challenging time to list, to say the least.
Uber had raised $28.5 billion as a private...
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Uber shares likely to fall in stock market debut

4 monthes ago   |   By Reuters

Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early price indications showed.
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Stocks slide as China cancels US farmer visit

Stocks slide as China cancels US farmer visit

Stocks traded lower on Friday after the Chinese trade delegation canceled a trip to US farms next week. The visit was seen as a gesture of goodwill to the Trump administration... Read more ...

These 13 stocks are spring-loaded for a surge as it gets too expensive to...

These 13 stocks are spring-loaded for a surge as it gets too expensive to short them

Borrowing costs for some of the market's most-shorted stocks are skyrocketing and creating a situation where short sellers are at risk of getting squeezed, according to a new... Read more ...

A mysterious exchange between Trump and a foreign leader is Washington's...

A mysterious exchange between Trump and a foreign leader is Washington's latest obsession. Here's what is actually going on

A mysterious conversation between President Donald Trump and a foreign leader has captured Washington's attention and once again has the Trump administration at odds with House... Read more ...

The most surprising formal protocol presidents and first ladies have to...

The most surprising formal protocol presidents and first ladies have to follow during official state visits

State visits are a key diplomatic tradition and the highest-ranking form of diplomatic exchange, as only heads of state qualify for the lavish public ceremony. Every detail of... Read more ...

Upcoming trade deal with Japan should help U.S. farmers

Upcoming trade deal with Japan should help U.S. farmers

The U.S. is on the verge of a trade deal with Japan that will open the Japanese market to American beef, pork and other food products. President Donald Trump and Japanese Prime... Read more ...

Top Juul investor Altria has seen $30 billion - almost a third of its market...

Top Juul investor Altria has seen $30 billion - almost a third of its market value - erased since the FDA launched a vaping investigation in April

Top Juul Labs investor Altria has lost $31 billion in market value since April, when the Food and Drug Administration launched a new investigation into vaping. Altria bought a... Read more ...

CWS Market Review - September 20, 2019

CWS Market Review - September 20, 2019

“Things are never clear until it's too late.” - Peter Lynch On Wednesday, the Federal Reserve voted to cut interest rates. The new target range for the Federal funds rate is... Read more ...

Kim Kardashian and Kanye West's former Soho apartment just hit the market...

Kim Kardashian and Kanye West's former Soho apartment just hit the market for $4.7 million. Take a look inside

A Soho apartment once owned by Kanye West is on the market for $4.7 million, a representative of luxury broker CORE Real Estate told Business Insider. The one-bedroom apartment... Read more ...

Cards like the Amex Platinum and Chase Sapphire Reserve offer annual credits...

Cards like the Amex Platinum and Chase Sapphire Reserve offer annual credits for travel that can offset their high annual fees. Here's what you need to know

Premium cards like the Chase Sapphire Reserve and the Platinum Card® from American Express generally charge high annual fees, but they offer lots of benefits in exchange. One... Read more ...

A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi...

A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi to fire the person and alert police

A rogue employee at a unit of Mitsubishi Corporation used unauthorized trades to bet on oil markets. Petro-Diamond Singapore, a Mitsubishi Corporation unit, "expects to book a... Read more ...