Uber Shares Jump 3.7% on $1.77B in Volume, Rank 38th as Ride-Hailing Giant Returns to Investment-Grade Bond Market with $2.25B Sale
. 8, , ranking 38th among U.S. stocks. The ride-hailing giant returned to the investment-grade bond market on the same day, , . , with proceeds allocated to general corporate purposes. The transaction, managed by BarclaysBCS--, Goldman SachsGS--, and JPMorganJPM--, , , , reflecting its improved credit profile.
The move aligns with a broader trend of strong demand for investment-grade bonds, . Uber’s entry into a crowded issuance market highlights confidence in its financial stability, particularly as it navigates a competitive logistics sector. The company’s bond sale follows its recent inclusion in the Transport Topics Top 100 list, underscoring its growing influence in the . However, the focus on debt financing raises questions about capital allocation priorities amid ongoing investments in UberUBER-- Freight and other strategic initiatives.
To run this back-test robustly I need a few implementation details that aren’t fully specified yet: 1. Market universe • Are we talking about U.S.-listed common stocks only, or another market? 2. , or do we trade at the next day’s open? 3. , or weight by something else (e.g., dollar volume, market cap)? 4. ? Once these points are confirmed I can generate the data-retrieval plan and run the back-test.

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