Uber Eats Its Way to New Revenues Amid Post-IPO Profitability Concerns

Investor sentiment in Uber is rapidly sinking. Since last week’s initial public offering, the company’s stock has nosedived, dropping from the initial price of $45 per share last Thursday to $38 on Tuesday. One reason for the poor stock performance, according to analysts, is an unclear path to profitability. But ride-hailing aside, there may be […]

Uber’s IPO Hits a Yellow Light as Stock Price Stays Below Opening

Where was the pop? Investors in Uber–German for over–should be rejoicing on the company’s opening day on the NYSE. Instead, the stock opened at the planned $45 and has remained under that price as of midday. Typically, an IPO is first sold through investment bank underwriters to big institutional investors and to favored individual clients, […]

Here’s What Analysts Are Saying About Uber’s IPO

Uber’s long-awaited initial public offering has analysts mulling over one big unanswered question: Does Uber have a realistic path to profitability? The ride-hailing company’s public stock listing on Friday comes amid a wave of blockbuster tech IPOs, including one by rival Lyft nearly two months ago. Uber’s financial details, revealed in the run up to […]

Pay Less Attention to Uber’s IPO. And Everyone Else’s.

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, […]

Data Sheet—Pay Less Attention to Uber’s IPO. And Everyone Else’s.

I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, participants in capital markets understood initial public offerings for what they were, financing events. Fledgling companies raised a small amount of venture capital, investments they got […]

This Is Why Rideshare Drivers Are Going on Strike

After weeks of nonstop coughing, Carlos Martin finally went to see a doctor. His physician immediately ordered an X-ray, unveiling an aneurysm in his aortic arch. The bulge was just a few weeks away from bursting, said the doctor. Martin was lucky his dangerous condition was caught in time. But he’s even luckier to have […]

Why Slack’s Upcoming “Direct Listing” May Work For Investors

During an IPO boom, fast-growing companies typically go public for one reason alone: to raise cash. Lyft, Pinterest, and Zoom are just a few of the closely watched startups to debut in recent months, raising billions in the public markets to fuel their growth. But now there’s a new twist: Going public without raising any […]

Beyond Meat Inc. May Have Just Had the Best IPO Debut of 2019

Beyond Meat Inc. piled on the beef-substitute market value as it headed for what could be the year’s best debut for a U.S. initial public offering. The maker of vegan beef and sausage substitutes soared, rising as much as 192 percent from its IPO price of $25 share. The shares opened at $46 and were […]