Uber Technologies NYSE IPO

Overview:

• Uber Technologies has completed its highly anticipated IPO on the NYSE, securing $8.1 billion in proceeds. 
• The ride-hailing company's offering comes shortly after competitor Lyft's recently completed IPO. 
• Uber received an $82 billion valuation, significantly lower than was initially expected in the lead-up to the IPO. 
• The underwriters are being led by Morgan Stanley, BofA Merrill Lynch, Goldman Sachs, Barclays, Citigroup and Allen & Co. 

Kurt Stumpo - US Editor