Money

Uber’s IPO Worst Ever On Wall Street?

News Reports
Posted on May 14, 2019
Things aren't looking so good... (Photo: Pexels user energepic.com)

Things aren't looking so good... (Photo: Pexels user energepic.com)

COLD BUSTED: It just might be the biggest IPO bust in history, CNN notes. No other company has been as well known, raised as much money, shown as much promise, and then performed so poorly out of the gate. Uber, which was once valued by private investors at as much as $120 billion, is now worth about half that. Vanity Fair article here

Related Topics: finance, money, TNCs, Uber

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