Why you should take Uber seriously! |
Uber Above All. |
Ten years ago Uber only meant “Above” in German! Today Uber has become a household name. That represents a great American multinational transportation network company which provides, peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system. The high demand for Uber’s essential, yet much need services, has propelled the Company to encompass a market cap of nearly $62.215B with a daily trading volume of close to $73.million. |
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Market participants expected the recent Uber IPO announcement to increase its value, as it was amongst the largest since Alibaba Inc. However, due to a series of events including the US-China Trade tensions, and Investors that had raised prices to ‘unicorn’ levels of $82 billion. $42 per share. Failed, pulling down the index Dow (USA30) with it. |
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Investors and some traders were caught too bullish. However, with all considered Uber remains a good stock to have in one’s portfolio.
Find the fairground and take your positionMarket participants had expected the recent IPO announcement to increase its value. However, due to a series of events. Including the US-China Trade tensions. And Investors that had raised prices to unicorn levels of $82 billion. $42 per share. Failed pulling down the index with it. Investors some traders were caught too bullish. However, with all considered Ubers remains a good stock to have in one’s portfolio. Find the fairground. Don’t be a spectator. |
For every misfortune, there is a blessing! |
Don’t Miss
This Historic Opportunty! |
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