An Interest In:
Web News this Week
- March 14, 2024
- March 13, 2024
- March 12, 2024
- March 11, 2024
- March 10, 2024
- March 9, 2024
- March 8, 2024
May 10, 2019 08:06 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/UQ1fTyUXUPI/uber-stocks-falter-on-first-da.html
Uber stock falters on first day
Uber's future prospects depend on doubling fares and halving drivers' pay, or replacing them all with self-driving cars that won't exist for years. What could go wrong?
Read the restExperts are hitting the brakes on Uber's trading debut. The ride-hailing company's highly anticipated initial public offering failed to impress investors on Friday, with the stock pricing at the low end of its previously stated range and shedding more than 7% near the end of the session. Market watchers were largely bearish on the IPO, citing Uber's past issues with its culture and corporate governance.
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/UQ1fTyUXUPI/uber-stocks-falter-on-first-da.html
Share this article:
Tweet
View Full Article