Why Uber Stock Was Rolling Downhill Today
Shares of Uber Technologies (NYSE: UBER) took a dive today as the ridesharing giant fell alongside the broader market sell-off and as it lost in its bid to acquire Grubhub (NYSE: GRUB), which instead agreed to sell itself to Just Eat Takeaway.com (AMS: TKWY).
Uber stock finished the day down 10.7%.
Image source: Uber.
Source Fool.com
