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Uber shares fall to record low as stock lock-up expires

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's
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(Reuters) - Uber Technologies Inc fell as much as 9% to a record low on Wednesday after shares held by early investors became available for sale following the expiration of a six-month restriction related to the ride-hailing company's initial public offering.Uber made its market debut at $45 per share in May, but has since lost more than 40% in value as the loss-making company struggled to retain..
Date Published: Nov 06, 2019
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