The Securities and Exchange Commission of the United States (SEC) received the necessary documentation from Uber Technologies in order to speed its launch to the stock exchange and thus begin trading on the New York market.
Uber’s decision to process its participation in the US stock market was accelerated by the exit to the stage of its main competitor Lyft, which did it two weeks ago.
The company of transport service to individuals through its own application, and one of the first in the segment of autonomous vehicles, has not yet announced when it will start trading on the stock market.
Nor has he given details about the price of his shares in the market. However, it was known that Uber will operate on Wall Street with the label “UBER”.
Analysts close to the company have indicated to The Wall Street Journal pointed out that the company’s shares could be between 48 and 55 dollars. Also, they pointed out: “the valuation of the company would reach between 90,000 million and 100,000 million dollars, including the 10,000 million that it would raise with its IPO”.
Without doubt, Uber’s participation in the stock market represents one of the most important financial events so far in 2019.
M.Pino
Source: La Vanguardia
