It’s that time again. With the rarity of such events, this is surely one to watch.
Ride-hailing giant Uber is expected to conduct its Initial Public Offering (IPO) this Friday – May 10th.
The company’s valuation is predicted to reach nearly $90 billion, with share price ranges likely to be between $44 and $50 per share. This would make it one of the biggest IPOs ever and surely in recent years, since Alibaba raised just over $25 billion in 2014 at $68 per share, shooting their valuation up in the range of $170 billion at the time.
As always, Trading 212 will be sure to offer Uber for both CFD and Invest accounts as soon as possible, once its debut on Wall Street is a fact.
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