On Friday May 10 Uber offered 180 million shares in its initial public offering. Shares were priced at $45, towards the low end of the planned range of $44 to $50, which valued Uber at $82.4 billion.
However, while it was one of the largest American IPOs in history, it appeared that the offering was oversold, with sellers immediately sending its share price down 8%. That being said, Uber still went public for eight times its revenue total, so this could be an interesting share to watch.
How can you take part in the excitement?
We're excited to share that Admiral Markets is offering Uber shares via our Admiral.Invest account!
As of May 10, 2019, shares in Uber have been available for investment to all Admiral Markets clients with Admiral.Invest accounts.
With Admiral.Invest, traders can access thousands of shares and ETFs from 15 of the world's largest stock exchanges, all from MetaTrader 5.
Why invest via Admiral.Invest?
- Open an account with just €1 and invest from just $0.01 per share with minimum transaction fees of just $1 on US stocks.
- Receive free real-time market data, with no delays, at no extra cost.
- Create a stream of passive income by collecting dividend payouts.
- Use the world-renowned MetaTrader 5 multi-asset class trading platform.
Simply log in to Trader's Room and apply for an Admiral.Invest account to get started.
The value of shares may rise as well as fall due to the volatility of world markets, This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.