Why Shares of Uber Are Surging Today
Shares of ride-hailing giant (NYSE: UBER) traded roughly 7.6% higher as of 11:19 a.m. ET today. The company announced a partnership with 's Waymo in Atlanta that will allow people to order Waymo rides exclusively through Uber's app.
The partnership comes in the same week that Tesla launched its robotaxi service in Austin, Texas, an event the market also met with enthusiasm. Atlanta is now the second market Uber and Waymo have partnered in. The two companies also forged a partnership in Austin, where there are now more than 100 Waymo vehicles exclusively available through Uber. Waymo trips in Austin have an average rating of 4.9 stars, according to Uber.
Source Fool.com
Uber Technologies Inc Stock
€69.63
-1.490%
The stock is one of the favorites of our community with 93 Buy predictions and 2 Sell predictions.
With a target price of 90 € there is a positive potential of 29.25% for Uber Technologies Inc compared to the current price of 69.63 €.
