Uber Technologies Set Price Range For IPO - Appdupe Reviews

2 months ago

Uber Technologies Set Price Range For IPO - Appdupe Reviews

Uber on track to make its trading debut in May on the New York Stock Exchange in what is anticipated to be this year’s biggest IPO in the United States. Uber filed documents with the Securities Exchange Commission (SEC) on April 12th, the day which would be remembered as a day of a possible milestone for Uber. The industry leader has plans to offer ‘180 million shares at $44 to $50’ each, confirms a source.

Collaboration With PayPal

PayPal is in agreement to purchase Uber’s stocks worth $500 million at the IPO price in a private placement. The said investment marks the collaboration of PayPal with...

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