Uber Stock Falls
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Tesla has been testing self-driving Model Y cars (no one in driver’s seat) on Austin public streets with no incidents," he wrote. "A month ahead of s
Uber stock price plunged hard this week as concerns about competition from Tesla rose. It dropped to a low of $82.93
Shares of the ride-hailing giant Uber (NYSE: UBER) traded roughly 4.5% lower in the final half-hour of trading today after a Wall Street analyst cited a potential threat to Uber's business model and long-term strategy.
In the event that this occurs, we expect top-line revenues for Uber to be impacted significantly, which will negatively impact the stock. Overall, from a competition lens, we rate Uber as a hold.
This includes Uber Eats’ top competitor, DoorDash, which announced the acquisition of reservations and customer relationship management company SevenRooms for $1.2 billion earlier this month. When the deal closes later this year, reservations will likely find their way into the DoorDash app—though the company hasn’t confirmed exactly how or when.
Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) have been longtime competitors in the ride-sharing space. It involves researching and understanding a company's prospects. After looking under the hood of each company,
Adam Warner, inDrive operations strategy director of America, isn't concerned about competitors Uber and Lyft ... Get a brief on the top business stories of the week, plus CEO interviews ...
Wells Fargo has started its coverage of the large cap internet sector by assigning an Overweight rating to UBER Technologies, Inc. UBER, while providing Equalweight ratings for Lyft, Inc. LYFT and ...
In my view, Uber is well-positioned to dominate ... This article was submitted as part of Seeking Alpha's Top 2025 Long/Short Idea investment competition, which runs through December 21.
Shares of Uber Technologies Inc. UBER slid 1.43% to $ ... most pertinent content at record speed and with unparalleled accuracy. Back To Top
TheStreet. Looks like Uber (UBER) got caught in a hit-and-run. The ride-sharing company's stock got rear-ended by investors on May 29 following a Wedbush report warning about competition from electric-vehicle maker Tesla's (TSLA) very long-awaited Robotaxi,