Uber opens at $42 per share

Re:Uber opens at $42 per share by scarface74 on Friday May 10, 2019 @03:24PM (#19881333)

Because the initial investors want to sell their ownership stake.

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Re:Uber opens at $42 per share by diminoten on Friday May 10, 2019 @05:18PM (#19882342)

That isn't a valid "business" reason, though.

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Re:Uber opens at $42 per share by scarface74 on Friday May 10, 2019 @05:29PM (#19882415)

The investors own the business. Why would they be worried about the business and not just what is in their own best interest.

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Re:Uber opens at $42 per share by diminoten on Tuesday May 14, 2019 @04:50PM (#19913771)

They are, but what's in their best interest may be growing the company, not in cashing out immediately.

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