Why Uber Stock Was Sliding Today
Shares of Uber Technologies (NYSE: UBER) were pulling back today after the transportation company's first-ever quarterly operating profit was overshadowed by concerns about slowing growth.
As a result, the stock was down 5.2% as of 12:18 p.m. ET.
The ride-hailing and food delivery specialist easily beat estimates in its second-quarter report as gross bookings rose 16% to $33.6 billion and revenue was up 14% to $9.23 billion, or 17% on a constant-currency basis, which missed estimates at $9.3 billion.
Source Fool.com
Uber Technologies Inc Aktie
61,55 €
0,85 %
Starke Kaufneigung bei Uber Technologies Inc, mit mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Uber Technologies Inc von 92 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 61.55 €.
