Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Uber’s Stock Disappoints, Capping a Rocky Path to Its I.P.O. Advertisement Supported by ByMike Isaac May 10, 2019 Over the past decade, Uber changed urban transportation, disrupted entrenched taxi industries, defied regulators the world over and beat back questions about how it was altering the nature of work. On Friday, it was tamed by Wall Street. The ride-hailing giant’s first day of trading on the New York Stock Exchange began with a drop from its initial public offering price of $45, and its stock closed down 7.6 percent. By the end of Friday, Uber’s market capitalization, accounting for stock options and restricted stock, stood at $76.5 billion — barely above the $76 billion that private investors pegged it at in August. Uber’s Share price Change From I.P.O. Price Major Shareholders Share value SoftBank Vision Fund Japanese investment fund 0 Benchmark Capital Venture capital firm 0 Travis Kalanick Co-founder and former C.E.O. 0 Garrett Camp Co-founder 0 Saudi Arabia Public Investment Fund Sovereign wealth fund 0 GV Venture capital arm of Alphabet 0 Ryan Graves First C.E.O. 0 Dara Khosrowshahi Current C.E.O…. Read full this story
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