Great write up on UBER here by Harley
Uber Technologies Inc reacted to the fallout from the Lyft initial public offering by lowering the IPO price in an attempt to lessen any negative impact, that was not the case. $UBER shares Fell 7.62%, losing over $200 million, the 5th biggest loss for an IPO in 30 years
https://traderscommunity.com/index.php/stocks/1504-uber-ipo-outlook-and-analysis