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InvestTalk

12-17-19: Uber Shares Have Fallen 33% Since The May IPO

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 18 December 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Since the lock-up period ended on November 6th, one co-founder has unloaded $2.1 billion worth of his holdings.

 

Today's Stocks & Topics: Industrial Production, Home Builders, Auto Loans, World Population Percentages, ADMS - Adamas Pharmaceuticals Inc., Labor Department Numbers, TIP - iShares TIPS Bond ETF, Manufacturing, International Market, Retirement, TSLA - Tesla Inc., AOBC - American Outdoor Brands Corp., HRB - H&R Block Inc.

 

TRIVIA QUESTION: "Can you name, or guess, 7 other longest-listed NYSE companies? (HINT: 5 have been listed longer than Caterpillar.)"

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Transcript

Click on a timestamp to play from that location

0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent Thinking, shared success, and now today's podcast.

0:17.0

Good afternoon everybody and welcome to invest talk. It is Tuesday

0:28.2

December 17th 2019 and well it you know time is racing by as we all know it really as if you

0:36.2

notice that as you get older the dates go by faster I just remember when I was

0:41.0

young very very young that time seemed to be so slow then when I hit my 20 I just

0:45.0

remember when I was young that time seemed to be so slow.

0:46.0

Then when I hit my 20s it started to speed up. And trust me, he gets old faster and faster as you get older.

0:50.0

Well, we're approaching a new decade.

0:52.0

New Year's coming up in a approaching a new decade.

0:53.0

New Year's coming up and a whole brand new decade coming up.

0:57.0

Anyways, there wasn't really much in the news today.

1:00.0

There was some economic statistics that were interesting, but nothing in the news, nothing new for us to digest.

1:07.0

So that was okay. So the market was kind of, market's on its own, and it's still in a rally mode. I guess we're getting a Christmas rally.

1:16.0

There's going to be some selling at some point because we're going to have some tax loss selling

1:21.1

I'm sure before the end of the year. I don't think it's going to be this

1:25.0

week though, maybe next week or the week after. We'll see. I'm Steve Peasley. I think you

1:31.5

for joining me today and I hope you will call me with all your

1:34.6

investing questions. That's what the show is about. You drive the show, you decide where it's

1:40.4

going to go, long as it's financial we'll go there. I'm very happy about that. So remember

1:45.8

our goal here on Invest Talk is to help you achieve financial freedom. Financial freedom,

1:51.2

whatever that means to you, whatever that goal is.

...

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