SAN FRANCISCO, May 10, 2019 (BSS/AFP) – Rideshare titan Uber priced its
shares at $45 for its Wall Street debut on Friday, valuing the startup at
more than $82 billion.
The launch is seen as a milestone for the ride-hailing industry and the
so-called “sharing economy,” but which comes amid simmering concerns about
its business model.
Shares were set to trade on the New York Stock Exchange from Friday under
the ticker “UBER.”