Uber Hits The Stock Market Today

Uber’s next stop is … the stock market. The company is hoping to pick up more investors willing to bet on the ride-sharing and food delivery market brimming with potential and conspicuously lacking in profits. Uber has priced its long-awaited initial public offering at $45-dollars per share to set the stage for its stock to begin trading this morning. The I.P.O. coming in at the lower end of Uber’s targeted price range, with a total market value of $82 billion. Uber will trade under the ticker symbol: UBER

Photo Credit: Uber

 

Posted in News
Scott Fox
Scott Fox