Interested? Request a quoteThis evening the world’s largest ride hailing giant, Uber will price its initial public offering just ahead of its Friday trading debut. Analysts predict the valuation of the IPO will be between $80.5 billion to $91.5 billion. Uber has stated there will be 1,676,959,021 shares outstanding after the IPO which would suggest a price range of $44 to $50 per
share. The projected valuation would make Uber the 4th highest offering of the decade behind only General Motors, Facebook, and the Chinese e-commerce giant Alibaba Group.
IPO
Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.
