Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Axios
Axios
Business
Dan Primack

Uber lost another $7 billion in value in its second day of trading

Shares of Uber fell 10.37% on Monday, their second day of trading since going public.

Data: Money.net; Chart: Axios Visuals

The bottom line: Uber's stock is now down 17.2% from its $45 per share IPO price, representing nearly $13 billion in total lost value.

Go deeper: Uber's IPO got caught in a perfect storm

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
If Bond 26 Is An Origin Story, I Have A Wild Idea For The Movie
There’s an oft-overlooked bit of Bond history that could work here.
Cinemablend
Cinemablend
Who is Adonis? American travel streamer detained after assault clash with Romanian local during viral Bucharest livestream
American streamer Adonis was detained in Bucharest after a livestream fight with a Romanian local who allegedly spat on him. The viral video shows a heated argument before punches were thrown. Police arrived at the scene, and the local was treated by medics. Adonis later posted a cryptic message on…
The Times of India
The Times of India
Turns Out Liza Minnelli And Lady Gaga's Viral Oscars Moment Allegedly Has An Upsetting Backstory
I'm ready to hear more on this.
Cinemablend
Cinemablend
Paris Hilton says she has ‘rejection sensitivity dysphoria’ – here’s what it is and how it’s linked to ADHD
American media personality Paris Hilton recently shared on a podcast that she suffers from rejection sensitivity dysphoria, or RSD. Hilton, who has been diagnosed with ADHD, says the condition is common in people with the disorder. She also spoke of the impact RSD has had on her mental health over…
The Conversation
The Conversation
Shenoah Allen: Bloodlust Summertime review – guns and slaughter as ‘the devil’s son’ strives to know himself
Allen, one half of the influential Pajama Men comedy duo, mines his personal trauma for a slightly undercooked show about his dramatic upbringing in New Mexico
The Guardian - UK
The Guardian - UK
Snow on Market Street
The man on the Mabank bench first taught me that history isn’t past.
Texas Observer
Texas Observer
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play