Trade the Uber
Share Price

Take a position on Uber’s share price with a Spread Betting or CFD trading account.

Uber’s public listing was one of the most highly anticipated for years. Go long or short and take advantage of price volatility.

  • Equity spreads from 0.1%
  • Powerful platform – "Best Trading Platform 2019" winner*
  • Advanced charting with TradingView
Not quite ready? Try a Demo account

The Uber IPO

Uber held its IPO on Friday 10th May, listing its shares for public sale on the New York Stock Exchange (NSE). It was the largest public listing since the Alibaba IPO in 2014.

Most analysts had predicted a share value of between $44-50 per share, and an overall valuation anywhere between $80 and $120 billion. On the day itself, Uber shares opened at the $45 mark, but traded as low as $41 at times, in what was a disappointing result for the popular taxi app. The company had a notional value of around $69.7 billion by the end of the day’s trading.

Uber rival Lyft held its IPO in March at $72 per share, reaching a valuation of more than $20 billion.

Join City Index to trade the Uber share price

What next for Uber?

It is still early day for Uber as a publicly traded company and many stocks experience high levels of price volatility immediately after holding an IPO.

The ride-hailing app wasn’t helped by adverse market conditions on the day of its IPO, with the US-China tariff war still ongoing and driving markets down as a result. Uber’s share price may well rely on the US markets to recover if it is to show signs of improvement in the near future. However, it still has some way to go if it is to match rival Lyft’s share price of around $50 per share.

Why did Uber go public?

Uber decided to go public thanks to a change in company strategy by new CEO Dara Khosrowshahi, after previously being against the idea under former chief Travis Kalanick who vetoed the decision. The firm plans to use funds raised to support its continued global expansion.

Who has invested in Uber?

Prior to the IPO, Uber had attracted investment from more than 90 major institutional investors such as SoftBank, Tencent and Amazon founder Jeff Bezos. The firm raised in excess of $22 billion in private investment and was regarded as the number one ‘unicorn’ company in the world, making it a highly sought-after investment.

Why Spread Bet with City Index?

Quality Execution

Fast, quality trade execution with advanced risk management tools

Competitive pricing

Fixed and variable spreads across 12,000 markets from 50p a point

Advanced Charting

16 chart types with 80+ indicators designed to help you perform technical analysis


Seamlessly trade across our award-winning desktop platform and app

Start trading in 3 steps:

Step 1


complete our application form
Step 2


using your card or bank transfer
Step 3


on our fast, powerful platforms
Create an Account