#uber ipo

[lindortech]

Shares of SoftBank Group, Uber’s biggest stakeholder, slide after its disappointing IPO

Shares of SoftBank Group, Uber’s biggest stakeholder, slide after its disappointing IPO

As Uber’s biggest shareholder, SoftBank team had high hopes for the ridesharing company’s stock marketplace debut last week. Instead, the Japanese conglomerate’s shares have been sliding along with Uber’s following its disappointing initial public gifting . SoftBank shares began sliding at the end of last week after Uber set its IPO price at the low end of its planned range. Since the begin of…

View On WordPress

[lindortech]

Uber had an abysmal second day of trading

Uber had an abysmal second day of trading

It’s not looking superb for ride-hailing giant Uber (NYSE: UBER). Today, Uber closed its second day of trading down more than 18.8% from its IPO price at $37.25 per share, with a marketplace cap of $62.2 billion.

Uber, which was previously valued at $72 billion by escapade capitalists on the independent marketplace, priced its stock at $45 a share for an $82.4 billion valuation last week. On day…

View On WordPress

[lindortech]

Equity Shot transcribed: Judging Uber’s less-than-grand opening day

Equity Shot transcribed: Judging Uber’s less-than-grand opening day

Another day, another episode of Equity. This moment it was an emergency episode, because Uber (finally) went public and a lot of financial folks were quite looking forward to how it would perform on opening day. Turns out it didn’t do so well.

Kate and Alex had a lot of questions about why? Was it the company’s fault? Was it simply the macro mart? Was it something else altogether? And then there…

View On WordPress

[lindortech]

Uber opens at a disappointing $42 per share

Uber opens at a disappointing $42 per share

At long last, it’s lift-off for Uber. After pricing its initial public gifting at $45 per share, at the bottom end of the range it set previously, to lift $8.1 billion, the transportation startup began trading today on the brand-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…

View On WordPress

[lindortech]

Uber prices IPO at $45 per share, raises $8.1B Uber has set its initial public benefaction at $45 per share, per reports, raising $8.1 billion in the process.

[lindortech]

Early Uber advisor Bradley Tusk looks back — and forward — as its IPO fast approaches Bradley Tusk’s tale is well-known by now. a political operative who managed Michael Bloomberg’s successful third mayoral crusade…

[lindortech]

Early Uber advisor Bradley Tusk looks back — and forward — as its IPO fast approaches Bradley Tusk’s tale is well-known by now. a political operative who managed Michael Bloomberg’s successful third mayoral crusade…

[lindortech]

Equity transcribed: Digging into the Uber S-1

Equity transcribed: Digging into the Uber S-1

Welcome back to this week’s transcribed edition of Equity, TechCrunch’s quest capital-focused podcast that unpacks the numbers behind the headlines.

And because it’s another week, why not another emergency episode? This moment Kate Clark and Alex Wilhelm popped in the studio a hour before they were due to record the orderly episodein order to dig into the Uber S-1. Not only did they dig into it,…

View On WordPress