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Can Uber Stay above $45 and Make IPO Investors Happy?

Mayur Sontakke, CFA, FRM
Can Uber Stay above $45 and Make IPO Investors Happy?

While the S&P; 500 is trading sideways and cautiously waiting for the Fed's statement, Uber (UBER) is racing ahead on June 19. The company briefly crossed its IPO price of $45.