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Uber to price IPO between $44 and $50 per share

Uber to price IPO between $44 and $50 per share

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/25/uber-to-price-ipo-between-44-and-50-per-share.html

Ride-hailing company Uber will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.

The valuation sought is less than the $120 billion valuation that investment bankers told Uber last year it could fetch, and closer to the $76 billion valuation it attained in its last private fundraising round last year.