Uber's market debut sours most anticipated IPO since Facebook

Uber is a good example of the new tech bubble. Overpriced and still not profitable.

it dropped 8% after its open, which sounds like throwing $ away for investors, but who received free shares, are probably quite happy... money for nothing.

We will not be tempted to bottom feed on this, given the capitulation in LYFT post IPO . It does bring to the fore that a company losing money is not that appealing to investors after all.

https://www.tradingview.com/symbols/NYSE-UBER/