Uber May Have One of the Biggest IPOs in US History
- 5 years ago
Uber May Have One of the
Biggest IPOs in US History The company is expected to go public at the
New York Stock Exchange sometime next month. By the time it does, analysts tell 'Fortune' that Uber
could be worth up
to $120 billion. That value is so large that just 16% of Uber's shares would let it crack the NYSE's top 5 biggest openings. Uber's main rival, Lyft, will begin its own public offering next week. Instead of the NYSE, it will trade
on the U.S.' NASDAQ market. Its value at the time of trading is predicted to be
far less than Uber's at just over $23 billion.
Biggest IPOs in US History The company is expected to go public at the
New York Stock Exchange sometime next month. By the time it does, analysts tell 'Fortune' that Uber
could be worth up
to $120 billion. That value is so large that just 16% of Uber's shares would let it crack the NYSE's top 5 biggest openings. Uber's main rival, Lyft, will begin its own public offering next week. Instead of the NYSE, it will trade
on the U.S.' NASDAQ market. Its value at the time of trading is predicted to be
far less than Uber's at just over $23 billion.