Uber goes public; global helium shortage hits Party City

Channel: Fox Business
Published: 05/10/2019 05:01 PM

Description
Fox Business Briefs: Uber prices its IPO at $45 a share and starts trading on the New York Stock exchange; Party City says the global helium shortage made its quarterly loss worse. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that...



Transcript
Start your engines or pricing its ipo at $ 45, a share toward the low end of its expected range sure started trading friday on the new york stock exchange under the ticker symbol. You ber it's been a big year so far for ipos, aside from uber, we've had lyft and pinterest with many more coming down the line party city deflated over a helium shortage, the company's saying the shortage made its quart ...
rly loss worse as its balloon business lost. Eight percent, but the stock got a lift when the company said it found a new helium source. It wasn't enough to save some stores from closing the company announcing its shutting 45 more outlets this year and nikeintroducing a new app to help you find the perfect fit for your sneakers. The app has an augmented reality tool that can measure your feet and suggest the specific size of a nike shoe. Analysts say the new app is expected to boost nikes online shoe sales for more log on to fox business comm in new york. I'M tracee carrasco.


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