Flop Uber IPO drags SoftBank's market value down by $9 billion

Moneycontrol 2019-05-14

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Cab aggregator Uber's debut on the stock market on May 10 did not turn out the way investors were hoping, with its shares sliding on the first day. With it, Uber dragged down its stakeholder SoftBank Group, which was down 3.25 percent on May 14.

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