The IPO market continues to be one of the main headlines this year as more and more brand names are launching along with some dark horse names that have managed to steal attention, even if only briefly.
One of those names last week was Beyond Meat
That news could become old news this week as the mother of all IPO's which has been teased for years is coming public. Uber
This will be another test for the silicon valley companies that, while they are growing rapidly, have not made nor do they have any sign of making a profit. Uber lost $2.3 billion last year with over $11 billion in total revenue and analysts currently see no quick path to turning a profit. Despite this, the offering is currently over subscribed and is expected to price above the initial range.