Uber sets $44-$50 per share price for IPO, posts $1 billion first-quarter loss

Uber sets $44-$50 per share price for IPO, posts $1 billion first-quarter loss

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-uber-ipo/uber-sets-44-50-per-share-price-for-ipo-posts-1-billion-first-quarter-loss-idUSKCN1S213G

Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.