In May 2019 the ride hailing company Uber Technologies went public on the New York Stock Exchange in one of the largest technology initial public offerings to that point, though its shares fell below the offering price on the first day of trading. The offering followed years of rapid global expansion and heavy losses as Uber built out ride hailing and delivery businesses in cities around the world.
Facts
Event TypeInitial public offering 1 Cross-Tradition Connections
Associated With
The Uber May 2019 initial public offering, one of the largest technology IPOs in history despite trading below its offer price on debut, is a finance-practice case study in pre-IPO private valuation against public market pricing.
Companies Involved
Sources
Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.
View At A Past Year
The atlas records no dated fact of its own for this entry, so there is no other year to choose.