Uber makes its NYSE debut
Head of Editorial Content, Saxo Bank
Summary: Uber is set to go public in a deal that could see the ride-hailing giant valued at $84 billion. After its IPO, you can invest in the company directly or trade it as a CFD with Saxo.
Saxo Head of Equity Strategy Peter Garnry published an in-depth analysis of Uber's prospects on April 29, stating that "buying shares in Uber comes with an unattractive risk-reward ratio and the valuation is essentially driven by whether one believes in the company's long-term network effects."
Click here for Peter Garnry's take on the Uber IPO.