Wednesday , June 26 2019
Home / argentina / Ober CEO: "Facebook and Amazon have also started the stock market with difficulties"

Ober CEO: "Facebook and Amazon have also started the stock market with difficulties"



[ad_1]

CEO author, Dre Khosrowshahi, Admitted in an email sent to the hard-hitting debut team of the company's stock market, although he recalled that technological giants Facebook and Amazon They also encountered difficulties after the public.

"It is clear that our shares were not quoted as we expected after the IPO, today is another tough day in the market and I expect the same thing in terms of our shares," he wrote in the e-mail message to which he had access. Bloomberg News. Uber shares fell to 11% in today's trading after their debut on Friday. "The opinion does not change overnight, and I foresee difficult times in the public market in the coming months."

Uber shares fell to 11% in today's trading after their debut on Friday.

"Remember that Facebook and Amazon's post-apo activities were very difficult for those companies, and they've seen how they've responded since then," he said. Uber has "all the capital to show through a better profit margin".

Ober receives bids from banks for an IPO on the stock exchange

The San Francisco-based company sold 180 million shares at $ 45 on Thursday and Friday were not quoted at the same price, ending the day down 7.6% to $ 41.57 despite the rise in other companies.

CP

[ad_2]
Source link