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Google trend - Uber stock

Why Uber Stock Is Lower Despite Its Earnings Beat

Uber tumbled Wednesday after Q4 earnings and sales beat but its bookings target came in light. Robotaxis remain a concern for investors.

Read more at Investor's Business Daily


Uber Announces Results for Fourth Quarter and Full Year 2024

Adjusted EBITDA of $1.79 billion to $1.89 billion, which represents 30% to 37% YoY growth. Financial and Operational Highlights for Fourth Quarter 2024 ...

Read more at Uber Investor Relations


Uber stock - 10 things to know with detail
  • Uber Technologies, Inc. (UBER) is a technology company that operates a ridesharing platform connecting passengers with drivers through their mobile app.
  • Uber went public on May 10, 2019, with an initial public offering (IPO) price of $45 per share.
  • The stock is listed on the New York Stock Exchange under the ticker symbol "UBER."
  • Uber's stock price has experienced volatility since its IPO, with fluctuations driven by a variety of factors including regulatory challenges, competition, and the impact of the COVID-19 pandemic on travel demand.
  • As of September 2021, Uber's stock price is trading at around $40 per share, down from its IPO price but showing signs of recovery as the economy reopens.
  • Uber has faced criticism and controversy over its treatment of drivers, labor practices, and safety concerns, which have impacted its reputation and stock performance.
  • Despite these challenges, Uber has continued to expand its business beyond ridesharing, with investments in food delivery (Uber Eats), freight, and autonomous vehicles.
  • Uber's financial performance has also improved in recent quarters, with the company reporting growth in revenue and narrowing losses as it focuses on profitability.
  • Analysts have mixed opinions on Uber's stock, with some bullish on its long-term growth potential while others remain cautious due to ongoing challenges and competition in the industry.
  • Investors considering buying Uber stock should conduct thorough research, consider their risk tolerance, and monitor the company's performance and market conditions before making any investment decisions.
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