Uber IPO Update
Here’s the latest on the Uber IPO:
- Uber IPO is still expected in 2019.
- CEO Dara Khosrowshahi reiterated the above plan just this month saying that achieving profitability is not a pre-requisite for an IPO but a demonstrating a clear pathway to profitability and strong cash generation is important.
- The company is still looking for a CFO which is critical for the IPO.
- Uber has not yet decided whether they will be listed on the NYSE or NASDAQ
- Ticker symbol – not known yet but all expectations are that it will be UBER.
- When the time comes, this is where you can buy Uber stock.
In the meantime, we have a stock list with over 110 interesting companies. Most recent additions are Netflix, Twitter, and Spotify. Check out our stock list.