7 votes

Uber quarterly results show $5.2 billion loss and slowest-ever revenue growth rate

1 comment

  1. rkcr Link
    I imagine it's going to be a bloodbath when the 6-month stock lock-up period expires and the supply increases. According to their Nasdaq page, only ~11% of their shares are trade-able right now...

    I imagine it's going to be a bloodbath when the 6-month stock lock-up period expires and the supply increases. According to their Nasdaq page, only ~11% of their shares are trade-able right now (from the IPO). Once the lock-up period ends there may be tons of people trying to liquidate their positions.

    6 votes