Uber is sliding after its IPO, and Main Street traders who struggled to invest dodged a bullet

Professor of finance Timothy Loughran was quoted in a Business Insider article about the highly anticipated initial public offering of Uber, the popular ride-sharing app. The typical retail investor missed out on early price action as shares hit the market, however Uber's stock opened below its initial offer price, and stayed lower in early trading.

Published

May 10, 2019