LOS ANGELES–(BUSINESS WIRE)–$UBER—Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Uber Technologies, Inc. (“Uber” or the “Company”) (NYSE: UBER) investors concerning the Company and its officers’ possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected], or visit our website at www.glancylaw.com.
In May 2019, the Company completed its initial public offering (“IPO”) in which it sold 207 million shares at $45 per share.
Then, on August 8, 2019, Uber announced its second quarter 2019 financial results, reporting $5.24 billion loss and $2.87 billion revenue.
Since the IPO, Uber’s stock has traded as low as $36.45 per share, significantly below the $45 offering price.
If you purchased Uber securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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