Underwriters lowering Uber's anticipated IPO valuation from a rumored $100 billion to $80-$90 billion means investors are not buying the pitch as well as hoped.
Is this IPO an opportunity for investors to get back in on a great business, or is it an attempt by the private equity owners to cash out and leave the public holding the bag?
Despite the recent price drop, Domo still has highly optimistic growth expectations baked into its stock price. Investors should stay away from this IPO.