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At the IPO price of $45 per share, Uber has an implied market valuation of $82.4 billion on a fully diluted basis, making it one of the largest IPOs of all time. Early reports suggested Uber was seeking a valuation of up to $120 billion.

Its expected range was between $44 and $50 per share, according to a filing last month.

https://www.cnbc.com/2019/05/09/uber-ipo-pricing.html



Submitted May 09, 2019 at 05:03PM by pipsdontsqueak http://bit.ly/2VrxtZF

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