KEY POINTS
- The ride-hailing giant is looking for a reported $100 billion valuation when it lists on the New York Stock Exchange this spring.
- One valuation expert says Uber is worth much less — closer to $60 billion, or just above $50 per share.
- “The market is a pricing game and not a value game,” says NYU’s Aswath Damodaran. “When you have young companies like these it’s all mood and momentum driving prices.”
- More: https://www.cnbc.com/2019/04/15/valuation-expert-says-uber-is-worth-a-little-more-than-half-the-100b-its-seeking.html
Submitted April 15, 2019 at 09:58PM by markyu007 http://bit.ly/2P9NHjM