Uber's Conservative IPO Valuation Faces First Public Market Test | Auto Finance News | Auto Finance News

Uber’s Conservative IPO Valuation Faces First Public Market Test

Uber Technologies Inc. took a conservative approach to its initial public offering Thursday, picking a share price toward the bottom of the marketed range and at a valuation below its last private funding round. On Friday, public market investors will get to decide whether that was a good idea. The No. 1 ride-hailing company’s shares […]

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