What’s your prediction, Uber will PUMP and DUMP? Will it be a disappointment? Or will it skyrocket?
After Lyft’s IPO, all eyes on now on Uber which has seen much attention in recent years after excellent growth. The only issue was that investors found out exactly what they feared: Uber loses a lot of money. They burn through it. Just like the countless unicorn companies, Uber has not been profitable as they would have hoped despite bringing in a growing amount of money every year. Is this another pump and dump?
Uber releases S-1 filing for IPO
LYFT Interactive Stock Chart | Lyft, Inc. Stock – Yahoo Finance
Uber’s IPO Is Historic, Despite Its $10 Billion Loss – The Atlantic
Here are five things we learnt from Uber’s IPO prospectus | Financial Times
Uber IPO: Here is who is getting rich – Business Insider