The stock's opening at $42 (Rs 2,940) undermined Uber's strategy to price its oversubscribed IPO conservatively at $45 (around Rs 3,150) per share to avoid a repeat of rival Lyft Inc's stock market struggles following a strong debut in March.
from Top Business News- News18.com http://bit.ly/2vTplSs
from Top Business News- News18.com http://bit.ly/2vTplSs
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