Fast money starts right now. We've got breaking news. Uber pricing its

IPO just moments ago. Let's get straight to Leslie Picker back in the newsroom

for all the details Leslie. Hey Melissa, according to a source, Uber has priced its

IPO at $45 per share that gives it an

implied fully diluted valuation of about 82.4 billion dollars now that

45 dollars per share number makes it about a dollar above the low end of the

range it had been marketing to investors that range $44 to $50 per share.

Now we're not sure at this time because all of this pricing talk is

based on people familiar with these discussions. We're not sure if they've changed

the number of shares they plan to offer in the deal, but if it is still the same 180 million the

offering size would be about 8.1 billion dollars making it the largest

IPO of 2019 thus far.

Obviously this one very heavily anticipated.

Hearing in terms of kind of the pricing discussions and why they chose to price it at $45

per share, which is pretty rare to see, especially with a large tech name

and a unicorn that's been heavily anticipated.

For many years at this point, I'm told that $45 per share was the price by which they could

get the best number of

investors of institutional investors into this book which they hope means that

those institutional investors will hold through till tomorrow of course time

will tell they begin trading tomorrow morning

back over to you. Well asly when you mentioned it's not clear whether or not they

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