A bet on Uber is a bet on self-driving
On Friday morning, Uber executives rang the opening bell of the New York Stock Exchange as their 10-year-old, $82 billion company went public. The IPO is significant, even in a year chock-full of important IPOs: It’s the largest by a tech company in the past half decade and the second by a ride-hailing company in the past two months. Uber shares fell 7.6 percent on their first day, from the IPO price of $45 to $41.57.