Lift, published in March, has also been a Wall Street dud. This stock fell 6% Monday and is now down more than 33% from the IPO price.
Uber's epic release is also bad news for some of the best investors who bought bets in the company relatively late in the game.
The company increased about $ 6.8 billion by sell nearly 140 million shares between December 2015 and February 2017 at a price of $ 48.77 per share, including a sale of about 71.8 million shares to Saudi Arabia's public investment fund.
The effort, worth $ 3.5 billion at the time, is now valued at around $ 2.7 billion.
SoftBank also has investments in several other so-called unicorns that could be close to public, including Slack, WeWork and DoorDash. Wall Street is suddenly despised for losing money – Lift has also dropped dramatically from its IPO price – may be bad news for SoftBank.