There Are a Million Reasons to Short Uber’s New Stock. Here Are Three.

By CCN: Investors have been rubbing their greedy little hands together thinking that the Uber IPO will make them rich. However, a close look at Hoover’s model, financial statements, and the rideshare market provides investors with plenty of reasons to short Uber’s stock. ⁦@dkhos⁩ You are gonna get sued by the investors😂#Uber IPO: Uber loses an average of 58 cents per ride — and says it’s ready to go public – CBS News http://bit.ly/2JeL2VN — Drive With Dignity (@DignityDriver) May 7, 2019 Reason No. 1: Uber has massive losses that will only grow Even though revenue has almost tripled between

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source https://www.ccn.com/million-reasons-short-ubers-new-stock

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