Tag: uber



Uber: Failure of IPO. Reasons and Consequences

On May 10th, 2019 NYSE hosted the IPO of well-known Uber (NYSE: UBER). This event was watched closely by the financial world as this IPO was considered one of the largest ones in 2019. Apart from all media being concentrated on the event, the company notified its drivers all over the world, giving them bonuses for the stock purchase. Thus, this IPO should have become not only the largest but the most successful one.