Uber Loses 7.62% on First Day of Trading
May 10, 2019 at 16:30 PM EDT
Ridesharing company Uber closed down 7.62% on its first day of trading at $41.57 after taking the plunge into the shareholder scrutiny pool as a public company in one of the worst weeks for U.S. markets this year. In addition to the market volatility and losses that have accompanied speculation...