The Latest: Long-time Uber employee rings NYSE opening bell

ABC News | 5/10/2019 | Staff
reantesreantes (Posted by) Level 3
Click For Photo: https://s.abcnews.com/images/Technology/WireAP_0df78be397a748d1909ed6b43920788e_16x9_992.jpg

The Latest on ride-hailing giant Uber's initial public stock offering (all times local):

10:10 a.m.

Opening - Bell - New - York - Stock

The opening bell at the New York Stock Exchange was rung by Austin Geidt, one of Uber's earliest employees.

She joined the company in 2010 and is now head of strategy for Uber's Advanced Technologies Group, which works on autonomous vehicles. She and CEO Dara Khosrowshahi were joined by Uber drivers from around the world and other Uber executives at the NYSE. Uber becomes a publicly traded company Friday. Shares are expected to begin trading before noon.

Am

9:30 a.m.

With a ring of the opening bell Uber is looking to pick up passengers as a newly public company. Investors waited to bet on a service with huge potential, but a long way from turning a profit.

Shares - Giant - Offering

Shares in the ride-hailing giant were sold in an initial public offering for $45 each, raising...
(Excerpt) Read more at: ABC News
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!