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
€69.07
-0.860%
With 90 Buy predictions and 2 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 90 € shows a positive potential of 30.3% compared to the current price of 69.07 € for Uber Technologies Inc.
