LIVE: Uber is set to begin trading in one of the largest US IPOs on record (UBER)

Credit: Business Insider- Published on May 10, 2019
· *Uber's highly anticipated initial public offering is imminent. *
· *Shares are set to begin trading on the New York Stock Exchange on Friday in one of the largest US-listed IPOs on record.*
· *Uber priced at* *$45 a share on Thursday evening, giving it a valuation of $75.5 billion.*
· *Banks were seeking a valuation of...
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Credit: Wochit Business
Published on May 10, 2019 -  00:47
Uber Is Set To Begin Trading In One Of The Largest US IPOs On Record
Uber is set to begin trading on the New York Stock Exchange on Friday in one of the largest initial public offerings in US history. After pricing at $45 apiece, giving Uber a valuation of $75.5 billion, shares are indicated to open between $46 and $48. In October, Wall Street banks were floating a $120 billion valuation. Uber is expected to raise $8.1 billion through its IPO process, and another $500 million through a PayPal private placement.

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