Uber's IPO is reportedly sold-out just three days into its investor road show

Discussion in 'Wall St. News' started by dealmaker, May 1, 2019.

  1. dealmaker

    dealmaker

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    Uber's IPO is reportedly sold-out just[​IMG] three days into its investor roadshow
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    Just three days into its IPO roadshow, Uber has already garnered enough demand to sell its full 180 million shares, Bloomberg reported Tuesday, citing anonymous sources familiar with the matter. The ride-hailing giant is expected to net a valuation of up to $90 billion when it prices next week on May 9, the company said in updated regulatory filings. That number is down from figures as high as $120 billion that were reported in recent months. (Business Insider)