UBER

Discussion in 'Stocks' started by lovethetrade, Aug 14, 2019.


    • Uber shares fell to an intraday all-time low Wednesday after the company reported a net loss of more than $5 billion in the second quarter of 2019.
    • While Uber’s CEO characterized the loss as a “once-in-a-lifetime” hit, investors remain skeptical about its path to profitability.
    • Uber’s market cap has fallen more than $12 billion below that at the close of its first day of trading in May.
    https://www.cnbc.com/2019/08/14/uber-stock-hits-a-new-all-time-low.html