Posted: June 1, 2019 at 5:47 pm
TWG Source

Congratulations to Uber, the Worst Performing IPO in U.S. Stock Market History

Rideshare unicorn Uber doesn’t do anything small. When it was in the game of raising money, it raised close to $25 billion. When it loses that money—and it does every single quarter—it loses it at astronomical burn rates. It finally debuted on the New York Stock Exchange today, in the middle of international trade uncertainty and following a massive, international strike by its own drivers, how’d it do?

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