uber Uber Stock Drops Below IPO Price on Wall Street Debut Uber makes its highly anticipated public trading debut on the New York Stock Exchange but immediately falls below its initial offering price.
uber Uber Debuts on NYSE With Disappointing Opening Below IPO Price Uber begins public trading on the New York Stock Exchange at $42 per share, which falls below its $45 IPO price. Despite a lower-than-expected valuation, the ride-hailing giant still ranks among the most valuable tech listings in history.
uber Uber's Stock Market Debut Falls Short of Lofty Expectations Uber opens below its IPO price and closes down 7.6 percent on its first day of public trading. Despite the disappointing debut, the ride-hailing giant secures billions in new capital.
uber Uber IPO Records Worst Dollar Loss for U.S. Debut Since 1975 Uber makes unfavorable history as its first day of public trading sees a 7.6% drop, resulting in over $600 million in paper losses for IPO investors.
uber Uber Drivers Protest Low Pay Ahead of Highly Anticipated IPO Ride-hailing drivers in multiple major cities go on strike just before Uber makes its stock market debut, demanding better wages and working conditions. The protests highlight the ongoing debate over gig economy labor practices.
uber Uber Drivers Strike Worldwide Over Low Pay Ahead of Massive IPO Ride-hailing drivers across the globe log off their apps to protest unfair wages and working conditions just days before Uber's highly anticipated public offering.
lyft Lyft Posts Massive $1.14 Billion Loss in First Public Earnings Report Ride-hailing giant Lyft reveals a $1.14 billion first-quarter loss driven largely by IPO-related stock compensation, despite beating revenue expectations. The company projects continued heavy losses as it prioritizes long-term growth over near-term profitability.
uber Ride-Hailing Drivers Strike Against Uber and Lyft Ahead of Major IPO Uber and Lyft drivers across the U.S. and London log off their apps to protest low wages and poor working conditions just days before Uber's public debut. The strikers demand job security, transparent pay, and an end to gig economy exploitation.
uber Uber Targets $84 Billion Valuation in Landmark IPO as PayPal Invests $500 Million Uber sets its IPO price between $44 and $50 per share to raise up to $9 billion, while revealing a surprise $500 million private investment from PayPal. The ride-hailing giant also warns investors of a projected $1 billion first-quarter loss.
fastly Content Delivery Network Fastly Files for IPO Amid Growing Revenue Fastly, a major content delivery network serving clients like The New York Times and Stripe, files for a public offering to raise up to one billion dollars.
uber Uber Spins Out Self-Driving Unit ATG After $1 Billion Investment Uber separates its unprofitable Advanced Technologies Group into a standalone entity after securing $1 billion from Toyota, Denso, and SoftBank. The strategic move improves Uber's financial outlook ahead of its massive public offering.
pinterest Pinterest Stock Surges 25% on First Trading Day, Reaching $13 Billion Valuation Pinterest debuts on the New York Stock Exchange with a strong 25% pop, pushing its market value to nearly $13 billion. CEO Ben Silbermann emphasizes the platform is a utility rather than a social network.
zoom Profitable Videoconferencing Firm Zoom Surges 72% In Nasdaq Debut Zoom kicks off its first day of trading on the Nasdaq with a massive 72% stock jump, reaching a $15.9 billion market value. The videoconferencing company stands out in the 2019 IPO class by actually turning a profit.
pinterest Pinterest Prices IPO Above Range Despite Lyft's Weak Debut Pinterest prices its initial public offering at $19 per share, raising $1.4 billion and achieving a $12.6 billion market cap. The visual search engine moves forward despite recent market jitters caused by Lyft's underwhelming stock performance.
zoom Video Conferencing Firm Zoom Prices IPO Above Range Reaching $9B Valuation Zoom prices its initial public offering above expectations at $36 per share, giving the profitable video conferencing company a $9 billion market cap. The strong demand highlights investor appetite for a rare tech unicorn that boasts rapid revenue growth and shrinking losses.