How Much Is Uber Stock Really Worth?
  • By michael@cvcteam.com
  • |

You can’t really say it’s been a rough IPO market, with many names performing quite well since going public. Zoom Video (ZM) , Pinterest (PINS) and others have been strong thus far. However, we can say it’s been a rough IPO market for ride-hailing services as both Uber (UBER) and Lyft (LYFT) have seen strong selling pressure since making their debuts.

Lyft opened for trading near $88 in late March and is quickly down $40 a share six weeks later to $48 on Monday.

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