Uber Technologies and Lyft Inc. IPOs Message Board

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Technology Stocks : Uber Technologies and Lyft Inc. IPOs

UBER 92.16

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3:59 PM EST

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From: Sr K	12/22/2019 12:33:27 AM
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12/21 4:47 PM Travis Kalanick, Uber’s former chief executive and co-founder, has sold more than $2.5 billion of stock recently, more than 90% of his stake—a pace that if continued could see him sold out entirely in the coming days. wsj.com - The sales started in early November, shortly after Mr. Kalanick and other early investors were first allowed to sell on the open market, and have continued every day the stock market has been open through Dec. 18, public filings show. The early investors, along with Uber’s employees, were prevented from selling for the first six months following the company’s initial public offering in May.

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