Uber could go public with a valuation higher than GE, Caterpillar or Morgan Stanley

Uber could go public with a valuation higher than GE, Caterpillar or Morgan Stanley

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/25/uber-could-go-public-at-valuation-higher-than-ge-or-morgan-stanley.html

Uber could go public at a stock price that would make it bigger than some of the best-known names in the S&P 500.

The ride-hailing company plans to list shares between $44 and $50 in its upcoming initial public offering, several news outlets reported Thursday, citing people familiar with the matter. That would value the company at as high as $90 billion when it lists on the New York Stock Exchange, according to a Bloomberg report.