Uber Lyft Stock Trends

New / Eng
TechLeed

New Eng

PRE
Amazon
TechLeedmore
May 12 8 Comments

Well with Ubers shaky start on Friday I cannot see them lasting very long at their current prices this week.

I've seen nothing but how they're overvalued and Uber at least seems reasonable at $32.

How do the wage slaves feel about it?

comments

Want to comment? LOG IN or SIGN UP
TOP 8 Comments
  • Oracle / Data bendy
    Wall Street doesn’t know how to value new companies. If Uber can keep everything together once av happens they are going to be really huge.
    May 12 7
    • Oath OPnd70
      Autonomous vehicles are 10 years away... winter is coming.... for ridesharing.
      May 12
    • New / Eng
      TechLeed

      New Eng

      PRE
      Amazon
      TechLeedmore
      OP
      Fair, but I still don't see them changing their ways now.

      It all hinges on their ability to turn it around with their earnings reports I guess.
      May 12
    • Facebook Ubеr
      It’s been coming and will be coming for a long time. Too many investors and lenders will be around to fuel Uber’s further growth. Don’t kid yourself. Share price is not the best predictor here.
      May 12
    • Oath OPnd70
      WS will continue to hate it and the share price is what matters when you’re public.
      May 12
    • Facebook Ubеr
      WS loves it, who do you think did the underwriting and pumping up stories of 120b roll out. Once we see the analysts setting targets and trading go through lockout expiration we will see where things are with hopefully more clarity
      May 12
    • Oath OPnd70
      I guess you didn’t see them prop it up Fri? I didn’t see any institutions buying in L2 😯
      May 12
    • Facebook Ubеr
      What for? It was a shitty day already, and they already have enough on their books.
      May 12

Join verified employees in our anonymous social network! Download the app!

close