Uber priced its IPO at $45 per share, giving the company an initial valuation of $75.5 billion.
Uber executives including Khosrowshahi rang the opening bell on the balcony of the New York Stock Exchange on Friday morning as the company prepared to list its shares under the ticker symbol"UBER." The company has priced its IPO at $45 per share, giving the company an initial valuation of $75.5 billion.Khosrowshahi talks about how Uber went from early test runs to providing billions of trips to customers around the world.
As a publicly traded company, Uber will now have to deal with increased public scruinty and quarterly earnings reports and calls with analysts, and Khosrowshahi said that will mean even more responsibility for Uber employees.
Uber makes money from slave drivers paying .70 a mile. investors offer an over-inflated stock that's worth nothing. Without autonomous Uber and Lyft is worth zero selling over-inflated stock. The rich selling junk bonds to the poor
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Source: CNBC - 🏆 12. / 72 Read more »