Uber, volatility and trillion-dollar companies: The Reformed Broker Live on Twitter at 11amET

Today's market conversation is going to be dominated by two things: The recent spate of volatility and the imminent public offering of Uber.Uber's IPO may be raising less money than had originally been expected due to a cooling off of investor enthusiasm for stocks in general and for ride-hailing services in particular.

Uber's great challenge is to convince investors that ongoing losses are optimal for the company's pursuit of dominant market share. Lastly, the recent strikes by Lyft and Uber drivers may have cast a pall over the category in the media, but we'll see if investors are concerned at all about this ongoing issue.

ReformedBroker TheDomino is AGN ever gonna get rid of Brent Saunders? He has destroyed the company and misled the investors!!!

ReformedBroker TheDomino Or turn off CNBC and listen to my critically acclaimed* podcast entitled: 'One Man's Toxic Shit is Another Man's Lyft IPO Shares' *not critically acclaimed

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Uber drivers' strike takes off in front of company headquarters ahead of $90 billion IPORideshare drivers across the world are boycotting Uber for as long as 24 hours today, demanding fare increases and lower commissions paid to Uber. Or they could get another job I had 0 problem getting an uber today. Wouldn’t even have known there was a strike Striking on a company that isn't showing a sign of making money yet.
Source: CNBC - 🏆 12. / 72 Read more »