Uber IPO priced at $45, set to debut on NYSE; cab aggregator under pressure to avoid Lyft fiasco
Ride services giant Uber Technologies Inc will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering.
The IPO was also set against a backdrop of a spike in tensions between the United States and China, which renewed fears of a global economic slowdown and hampered global markets. Reuters