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Amazon and Facebook were just like Uber after their IPOs — and look at them now

BEAT THE SYSTEM If you bought into the Uber IPO  in May, you must feel you are on the ride from hell. The stock, which went public at $45, has since tumbled to a fresh low of $32.59. Total losses by outside investors, to date, total more than $2 billion. Read More...

Amazon and Facebook were just like Uber after their IPOs — and look at them now

BEAT THE SYSTEM If you bought into the Uber IPO  in May, you must feel you are on the ride from hell. The stock, which went public at $45, has since tumbled to a fresh low of $32.59. Total losses by outside investors, to date, total more than $2 billion.

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