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UBER - Uber Technologies, Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, May 3, 2019.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Uber Technologies, Inc. provides ride hailing services. The Company develops application for road transportation, navigation, ride sharing, and payment processing solutions. Uber Technologie serves customers worldwide.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Uber and Lyft drivers are going on strike on Wednesday 5/8.
     
    stock1234 likes this.
  3. Lonnie Ray

    Lonnie Ray Active Member

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    Has a date been set yet?
     
  4. bigbear0083

    bigbear0083 Content Manager
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    stock1234 likes this.
  5. T0rm3nted

    T0rm3nted Moderator
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  6. StockJock-e

    StockJock-e Brew Master
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    Great time for a strike! lol
     
  7. StockJock-e

    StockJock-e Brew Master
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    UBER IPO tomorrow!
     
  8. T0rm3nted

    T0rm3nted Moderator
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    Uber raises $8.1 billion in IPO priced near bottom of range
    Source: https://www.msn.com/en-us/money/com...in-ipo-priced-near-bottom-of-range/ar-AAB945U

    Uber Technologies Inc. raised $8.1 billion in its initial public offering after pricing shares near the bottom of their marketed range.

    The ride-hailing company sold 180 million shares for $45 each, according to a statement Thursday. It had marketed them for $44 to $50 apiece.

    Based on the amount of stock outstanding after the offering, the IPO price gives San Francisco-based Uber a market value of $75.5 billion, just below its last private market value of $76 billion. The fully diluted value, including restricted stock units and other shares, could be about $82 billion.
     
  9. StockJock-e

    StockJock-e Brew Master
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    They rang the opening bell this morning
     
  10. StockJock-e

    StockJock-e Brew Master
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    Awaiting first trades to go through now
     
  11. StockJock-e

    StockJock-e Brew Master
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    That is one hell of a tight range for an opening IPO!

    [​IMG]
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The lackluster first day of this stock reminds me of FB :p
     
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  13. bigbear0083

    bigbear0083 Content Manager
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    ^^ this

    honestly can't remember the last time we've had an ipo of this closely watched, that never even made it up to its ipo price on its first day :eek:
     
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  14. StockJock-e

    StockJock-e Brew Master
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    Tons of shares being dumped by the underwriters, they wanted their payday early.
     
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  15. StockJock-e

    StockJock-e Brew Master
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    Lower in premarket
     
  16. StockJock-e

    StockJock-e Brew Master
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    -8%, not the prettiest IPO, but I actually prefer this to the other tactic of ramping it up and then dumping on the uninformed IPO buyers.
     
  17. StockJock-e

    StockJock-e Brew Master
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    Sellers at the open, Im thinking rule of 3.

    Give it 3 days for the early sellers to get out and see where this settles.

    Currently $37 support

    [​IMG]
     
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  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  19. emmett kelly

    emmett kelly Well-Known Member

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    Little off topic, but saw a movie on Hulu over the weekend called Driverx (trailer below). Middle aged man lost his record store and can't find a job. Resorts to driving people around in his Prius. Kept me entertained for 90 minutes.

     
    #19 emmett kelly, May 13, 2019
    Last edited: May 13, 2019
  20. StockJock-e

    StockJock-e Brew Master
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    Going to open higher here
     

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