Uber is a 'once in a generation company' but the stock is going nowhere, Susquehanna says

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Susquehanna has a neutral rating on the stock and a price target of $42 per share.

Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company's initial public offering on the floor of the New York Stock Exchange, May 10, 2019.is a revolutionary company, but don't rush to buy the stock, Susquehanna Financial Group said Tuesday.

Since ride-hailing company Uber went public on the New York Stock Exchange in the most highly anticipated IPO of the year earlier this month, investors have debated the company's success trajectory, especially if and when Uber will become profitable.

 

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Since cheating, the price of shares can not grow. Need to create hitting advanced real technologies, not virtual!

Twice in a generation

Here's the simplest guide you'll ever read on how to buy stocks

Hey just like this generation!!

It was an opportunistic business that didn't try to solve a problem so much as it exploited a deficit. All businesses that do this will end in flames. Basic economic principles predicted this fate and I am dumbfounded why so much money was put into it. Stupid!!!

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