Re:Uber opens at $42 per share
by ufmace on Friday May 10, 2019 @06:21PM
(#19882825)
I get that, as odd as it is. But my understanding was that Uber wasn't doing that at all. I haven't heard of them using slightly dubious accounting tricks to pay more money to shareholders while showing no paper profit. I thought their expenses were simply way ahead of their revenues with no clear way to bridge the gap, and the shareholders are losing money and being diluted too.
[ Parent
| on HN ]
There are no comments on this comment yet.