Uber slashes IPO price range

Uber is planning to sell 180 million shares for between $44 and $50 each, valuing the ride-hailing giant lower than previous estimates in a sign that some of the excitement around ride-hailing has cooled. That would raise up to $9 billion for the San Francisco-based company, valuing Uber at an estimated $80.5 billion to $91.5...

from Technology News & Reviews | New York Post https://nyp.st/2IUfsMl