Uber was already the biggest high-profile IPO bust in recent memory. And it only got worse on Monday. Uber was already the biggest high-profile IPO bust in recent memory. And it only got worse on Uber dropped 7.6% on its first day of trading on the New York Stock Exchange Friday. The IPO, which was the most highly anticipated debut so far this year, began trading at $42 per share after Uber priced its public offering on Thursday at $45 a share, near the bottom of its expected price range, valuing the ride-hailing company at about $82.4 billion. It raised $8.1 billion from the I.P.O. A $1,000 convertible, converting into stock at a 30.5% discount to a $47 IPO price, gets you $1,000 / $32.66 = 30.61 shares. Those 30.61 shares are worth $1,438.85 at the $47 IPO price.) The math The ride-hailing giant’s first day of trading on the New York Stock Exchange began with a drop from its initial public offering price of $45, Uber’s stock continued to fall.
10 May 2019 At its IPO price, Uber was valued at about $82 billion. At 12:07 in U.S. stocks on Friday over growing concerns of a U.S.-China trade dispute. 10 May 2019 Even at the lower share price, Uber's IPO is one of the largest in U.S. markets history. Uber stock closed at $41.57 on Friday. The company's 9 May 2019 The odds are good the Uber stock price will open higher after the Uber IPO Friday, but let it shake out before stepping in. 12 Apr 2019 Ride-sharing rival Lyft went public last month with a $24 billion valuation, but the stock price has dropped considerably since launch.
6 Nov 2019 Multiple large stakes in Uber Technologies Inc. changed hands on Wednesday, pushing the shares down to an all-time low, as post-IPO selling 9 May 2019 Uber priced its shares at $45, the lower end of the possible range, aiming for a total diluted market value of about $82 billion. After a delay of two
10 May 2019 Uber set its IPO price at $45 a share, toward the bottom of its marketed range. When the shares hit the New York Stock Exchange, they fell as 4 Dec 2019 Following Uber's (NYSE: UBER) highly anticipated May 2019 initial public offering, the stock climbed to nearly $47 per share. The rest of the 17 May 2019 Lyft is now trading about 25% below its IPO price because of concerns about how much money it is losing, competition with Uber and 6 Jun 2019 Uber's stock price has been fairly stable in the last four weeks, hanging Many analysts called the IPO a failure, since the shares didn't move 19 Sep 2019 Five months later, the stock was limping along at 54% below its IPO price. Then, Facebook's first lock-up period ended on October 31, 2012.
Find the latest Uber Technologies, Inc. (UBER) stock quote, history, news and other vital information to help you with your stock trading and investing. The 2019 Uber IPO Is Less Attractive Every Day Uber's new CEO has been prepping for the 2019 IPO, but it's not the belle of the ball any more.