Is Uber Stock Ready to Take Off?
If there's one company poised to thrive in the economic reopening, it's Uber Technologies (NYSE: UBER).
The transportation giant operates the world's largest ridesharing business, which has been decimated during the pandemic, but also has a thriving delivery business. As vaccines are deployed, normal social activities and commuting to work will begin to resume across much of the world, meaning Uber should see a strong recovery in its mobility segment, or what's known as ride-hailing.
In fact, the company just shared some revealing data with investors, signaling that the recovery is already brewing.
Source Fool.com
