Uber setting IPO price at lower range than previously announced
Uber is planning to price its initial public offering at a maximum of $50 per share, partly due to a disappointing debut by competitor Lyft.
In an amended regulatory filing with the Securities and Exchange Commission, Uber set the range of its offering of between $44 and $50 per share, below its previous range of between $48 and $55 per share. The new range would value Uber under $90 billion. The company also disclosed a $500 million investment from PayPal, which will purchase Uber stock in a private placement at a price equal to the IPO pricing.
“Based on an assumed initial public offering price of $47.00 per share, which is the midpoint of the estimated offering price range set forth on the cover page of this prospectus, PayPal would purchase 10,638,298 shares,” Uber said in the filing.
FTXR in +2.60% Uptrend, rising for three consecutive days on June 10, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FTXR advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where FTXR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on June 11, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FTXR as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTXR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FTXR broke above its upper Bollinger Band on June 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
Category Industrials
Advertisement