Pricing Level and Ride-Hailing Service

uber: UBER, 2.57% decided to shake things up, though, according to Market Watch. The ride-hailing service announced just a week ahead of time that it expects to report quarterly earnings for the first time since its monstrous initial public offering. Uber Technologies Inc. Coming Thursday, that will be a closely watched report, as the stock has failed to trade higher than the 45 pricing level of its initial offering and has attracted short sellers. Uber disclosed ahead of the IPO that it expected to lose at least 1 billion in the first quarter, with net revenue of 3.04 billion to 3.10 billion. Shares closed Friday at 41.51. (news.financializer.com). As reported in the news.

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