Is the Uber IPO Debut Flop a Sign of Transportation Sector Weakness?
May 14, 2019 at 07:00 AM EDT
If Uber were in the dating business instead of the ridesharing business, then the majority of potential investors were swiping left during its initial public offering (IPO) debut last Friday. Its stock ended its first trading day with a 7.62 percent loss. On Monday, Uber lost a further 10.75...