Markets > Industry

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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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...
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Uber tumbles 9% in rocky stock market launch

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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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Case-Shiller: National House Price Index increased 3.5% year-over-year in April

Case-Shiller: National House Price Index increased 3.5% year-over-year in April

S&P/Case-Shiller released the monthly Home Price Indices for March ("April" is a 3 month average of February, March and April prices). This release includes prices for 20... Read more ...

Stocks are dropping as Trump fanned fears of an escalating conflict with...

Stocks are dropping as Trump fanned fears of an escalating conflict with Iran and an unending trade war with China

Brendan McDermid/Reuters Stocks dropped on Tuesday after Donald Trump slapped sanctions on Iran's supreme leader and a report indicated he "feels comfortable with any outcome... Read more ...

Both stock and bond markets are predicting rate cuts this year - but some...

Both stock and bond markets are predicting rate cuts this year - but some industry watchers aren't sure the Fed should play ball

Both bond and stock markets have priced in at least one interest rate cut by the Federal Reserve before the end of the year. Even though the Fed didn't cut rates at its June... Read more ...

Here is BMW's new electric motorcycle concept

Here is BMW's new electric motorcycle concept

BMW has a long history of building motorcycles, but it hasn't done all that well in the electric motorcycle department. Clearly, though, this is something the company is... Read more ...

UK banking unicorn Monzo secures $2 billion valuation in new funding round...

UK banking unicorn Monzo secures $2 billion valuation in new funding round from Y Combinator Continuity - 'It's a huge validation for us'

UK challenger bank Monzo has raised $113 million in fresh funding to take the company's valuation to $2 billion. The bulk of the funding comes from Silicon Valley fund Y... Read more ...

One of Wall Street's biggest bulls lays out how a US-China trade deal would...

One of Wall Street's biggest bulls lays out how a US-China trade deal would reverse the Fed's path to a rate cut and send stocks flying

John Stoltzfus, the chief investment strategist at Oppenheimer Asset Management, said if the US can forge a trade deal with China, it could stop the Fed from potentially... Read more ...

Caesars surges as Eldorado Resorts agrees to buy the casino operator for...

Caesars surges as Eldorado Resorts agrees to buy the casino operator for $8.6 billion in a deal backed by Carl Icahn

Shares of Caesars Entertainment rose as much as 12% in early trading on Monday after Eldorado Resorts agreed to buy the casino operator in a cash and stock deal worth a total... Read more ...

Gold continues its winning streak, soars to highest level in 6 years

Gold continues its winning streak, soars to highest level in 6 years

From Fred Imbert : Gold surged to its highest level in nearly six years on Monday as the prospects of lower Federal Reserve rates and lingering geopolitical tensions between... Read more ...

Fear over big tech's growth and an economic slowdown just forced one Wall...

Fear over big tech's growth and an economic slowdown just forced one Wall Street bull to slash his earnings outlook yet again

Credit Suisse just lowered its S&P 500 earnings outlook for the second time this year due to a host of macroeconomic and company-specific factors weighing on the market. The... Read more ...

The next jobs report will be the most important in recent memory. Here's why...

The next jobs report will be the most important in recent memory. Here's why it could be a make-or-break moment for the stock market's red-hot rally

Stocks soared to record highs last week after the Federal Reserve signaled it was open to cutting interest rates if the economy weakens. That sets up the July 5 jobs report as... Read more ...