
NYSE:UBER
Uber should've gone public a lot earlier and not during a bad market. You can't blame Morgan Stanley; there is IPO fatigue now. The Uber app is good and the company is working with companies like McDonald's. If Uber can do what Bezos did with Amazon, then that will enormous. There's a huge market for Uber in under-served areas outside big cities.
Uber is the well-known transportation company. It has been beaten by Lyft in the race to go public. After IPO, the company could be valued at up to $83.85 billion.