> -5.71%
> worst big tech IPO since 2008
nyse.com
nytimes.com
OH NO NO NO NO
Uber’s Stock Disappoints
Elijah Miller
Chase Rogers
>company literally has zero profits
>(((analysts))) predicted biggest IPO ever
this is clown world
Colton Hernandez
>says the future is automated cars
>forgetting no one will need uber when they can buy their own automated car
Gabriel Hughes
They are losing at a rate of 3 to 4 billion dollars per year, I seriously can't understand how they are still operational.
Zachary Taylor
LOL
Dylan Taylor
The automated cars will unironically own other automated cars in the future. Robots owning robots, its gonna be a wild ride
Brandon Carter
Raise more money because they are growing revenues.
Brayden Sullivan
>Closing price: 41.57 USD −3.43 (7.62%)
Press S to spit.
Eli Morris
bump
Michael Mitchell
who the fuck would pay 45$ a share for this trash?
Andrew Morales
Stock boomers on legit suicide watch. 5% is 50% in crypto
Zachary Rodriguez
Didn't invest in uber, company isn't making profits, drivers are mad as hell with the company. And users are getting scared from bad news of drivers commiting murder, rape and other violent attacks. Unless uber gets driverless cars, investors are not really convinced.
Ian Brooks
>-5.71%
My crypto portfolio does this literally every 2 hours.
Holy fuck once the boomers die off stocks are gonna literally die. How the fuck are we gonna get dopamine rushes from such puny volatility?
Ryan Roberts
>Holy fuck once the boomers die off stocks are gonna literally die. How the fuck are we gonna get dopamine rushes from such puny volatility?
Not everyone likes the fast lane, some kids like going slow and steady.
Jackson Roberts
How is uber doing so bad? What the fuck is their overhead?
Tyler Garcia
Safer leverage trading is why I prefer stocks. Crypto is too new and hence why I only holding long
Daniel Cox
To paraphrase it, a trader on the floor said that "Nobody wants your fucking stock if you're not actually making any money."
Jayden Richardson
They were overvalued on purpose and this is the exit scam.
Matthew Kelly
First day sell off on IPOs is common. It doesn't mean the market thinks the stocks sucks. Just that nobody us interested in paying a significant premium over funding round prices for it on day 1. It'll drop some more, build a support somewhere, have a bull run. Same deal with Lyft.
Isaac Sanders
>sell a fuckload of stocks to key partners below the ipo price
>the key partners sell below ipo price for a profit right after launch
How are people so stupid?
Noah Perry
How’s that monster tasting pal
Elijah Hall
...
Zachary Garcia
>Nobody wants your fucking stock if you're not actually making any money."
Not true. Everything depends on where the chart is and whether traders think they can make money swinging it. Especially on hype ipos like these, a run at some point is likely so long as they're staying in business.
Asher Thomas
It actually closed at -7.62% which is extremely bad and even rare for an IPO.
Consider for instance last week Beyond Meat's IPO, which closed at +163%...
Aaron Morales
HONK HONK
Dylan Foster
Better than the dirt scraps all the crypto kiddies on this board are pining for.
This. Biotech is the perfect example. Meanwhile, BYND is about to tank into the fucking ground because it's just a vegan meat company. That being said I'm mad I missed out on that short bullrun everyone had with this stock, but who the fuck expected ATH to be 200 percent of its ipo price
Luke Nguyen
Germanfag here
I dont know 'bout you but most Millennials and Native Digitals dont do driving licenses anymore, also they turn more and more to environmentalist and get influnced easily on social media to get more radicalised on this term.
It could be a huge chance but not in less then at least 10 years
Landon Clark
Dividends, m'dude.
Nothing like reliable passive income. You can't get that from crypto.