FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo
None of the Wall Street brokerages who cover the stock changed their recommendation on Uber, and the fall was almost equivalent to the 8% surge in the company’s shares after Lyft’s numbers on Thursday. “In a nutshell, there were many puts and takes in the quarter but overall we would characterize this print/guidance as a B performance with the Street expecting an A+ coming off its recent IPO,” Wedbush analysts said.
Source: Digital Coin News (digitalcoinnews.net)
Uber is a basket case just a big black money pit ,it has lost its way it is burning shareholders cash it's strategy sucks and the CEO needs to be fired .Uber
How long did y'all spend on this
I see what you did there.
They lost $5 billion.
FOBES
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