Bloomberg: Rahul Bhatia in Public Market Rituals Spell Pain for Uber and Beyond Meat Stocks
https://www.bloomberg.com/news/articles/2019-11-09/public-market-rituals-spell-pain-for-uber-and-beyond-meat-stocks
By Drew Singer and Esha Dey
November 9, 2019, 7:00 AM EST
For newly a public company, two rites of passage loom: its first few earnings reports, and the expiration of its IPO lockup. Twice this month, those events conspired to unleash double-doses of pain for investors.
Uber Technologies Inc. plunged 13% over...