How Will Uber Do In It’s Wall Street Debut
It’s a big day from Uber on Wall Street. Today is the day the Rideshare giant starts trading on the New York Stock Exchange. Uber priced it’s initial public offering Thursday at $45 a share. But some are saying in order for Uber to get profitability, they will have to get rid of drivers or raise prices and they are likely to do both.
Do you think this was a bad or smart move for Uber to go public, why or why not?