Uber’s lackluster stock-market debut may startle the unicorn herd. rob_cyran
Uber Technologies stock started trading on May 10 following the ride-hailing company’s initial public offering.
Uber priced its stock at $45 per share a day earlier, at the lower end of the indicated range of $44 to $50 per share, raising around $8.1 billion. The stock opened at $42, giving the company a market capitalization of about $70 billion based on shares outstanding.
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