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Uber Technologies, Inc.

Company NameUber Technologies, Inc.
Stock SymbolUBER
Lead Plaintiff Motion DeadlineDecember 03, 2019

In May 2019, the Company completed its initial public offering (“IPO”) in which it sold 207 million shares at $45 per share.

On August 8, 2019, Uber announced its second quarter 2019 financial results, reporting $5.24 billion loss and $2.87 billion revenue. The Company also disclosed that its ridesharing revenue only grew 2% and that its sales and marketing expenses had increased by $507 million, or 71%, due to driver incentives, consumer discounts, promotions, refunds, and credits. 

Since the IPO, Uber’s stock has traded as low as $36.45 per share, significantly below the $45 offering price.

 

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Shares Purchased

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Shares Sold

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