Uber's stock price has sold off considerably following the company's earnings report last week. Shares closed at a fresh low on Monday, at $37.01, the lowest since May 13. The company priced its initial public offering on May 9. Follow Uber's stock price in real time on Markets Insider here. Shares of Uber sank more than 7% to a new record low price on Monday, closing at $37.01. The stock's previous bottom of $37.
Uber's stock price has sold off considerably following the company's earnings report last week. Shares closed at a fresh low on Monday, at $37.01, the lowest since May 13. The company priced its initial public offering on May 9. Follow Uber's stock price in real time on Markets Insider here. Shares of Uber sank more than 7% to a new record low price on Monday, closing at $37.01. The stock's previous bottom of $37.
Uber I'm a Big Boy. If I couldn't weather the storm, I wouldn't have bought it. BOOM
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber stock hovers near record low as losses, hiring freeze continue to hurtUber Technologies Inc.’s tough times as a public company are continuing Monday, with the stock at risk of posting its lowest close ever just a few days after...
Source: MarketWatch - 🏆 3. / 97 Read more »
Viacom Stock Drops, CBS Shares Rise Slightly in Early Trading as Deal NearsThe companies are closing in on a recombination, which could be announced as early as Monday, with one report suggesting the price of the deal could mean a slight premium for CBS shareholders. Good for Shari Redstone's portfolio, but not so sure about future CBS biz plan and effect on viewers. Please checkout “Hollywood Vibes” by Leon Simmons (outlandish black comedy novel available on Amazon—not for Sunday School teachers)!!!
Source: THR - 🏆 411. / 53 Read more »
Uber falls to all-time low as investors grow more skepticalShares of Uber continued to sink on Monday, posting its lowest close ever, after the company reported disappointing second-quarter results last week. What's the the opposite of word 'uber'? Goober? TheSoulCab Yep on the slide to $nothing which is it's true value. Keep selling it off. Get out now. TheSoulCab Keep falling as true value is still way off. True value zero.
Source: CNBC - 🏆 12. / 72 Read more »
Former taxi commissioner sees more cities adopting New York's tough rules on Uber and LyftMeera Joshi, former head of the New York City Taxi and Limousine Commission, told CNBC on Monday that she predicts more cities are going to adopt TLC's rules on ride-hailing companies. Yea well $UBER is maybe the most overvalued company on the planet so this seems like good news RodBarton4 Joshi should be investigated for corruption. RodBarton4 Why are cars cruising around empty? I thought it was rideshare not a taxi service? All these governments etc have all been fooled or paid off. Being pushed out of the limousine industry after 20 years was the best thing looking at how clogged the roads are now.
Source: CNBC - 🏆 12. / 72 Read more »
IPO Expenses Drive Up Uber Losses To $5.2 Billion As Growth SlowsThe eye-popping loss figure includes routine IPO expenses. Now Uber has to prove it's a one-off. الله بعوضك بغيرها. Do you think Uber Board would be making changes in its top management within next 12 months.? Where is this endless money coming from? Pensions? uber ponzi
Source: Forbes - 🏆 394. / 53 Read more »
Uber reported record $5.2 billion loss for 2nd quarterUber posted its largest-ever quarterly loss -- $5.2 billion -- this week as it faces increasing competition and investor scrutiny as a newly public company. BAD LUCK.....OR.....BAD PERFORMANCE Uber. Contact Me, I have some ideas. In Asia grabph GrabSG etc are kicking their butts. They have better apps, better drivers and far superior service.
Source: ABC - 🏆 471. / 51 Read more »