Shares of Uber Technologies Inc. got a big boost Tuesday after the ride-hailing giant reported strong growth and issued an upbeat outlook for the current quarter.
Uber UBER stock ended regular trading at $36.52, an increase of 11.5%, its largest percentage increase since it reported results in November and saw its shares surge almost 12%. The company’s shares have now risen for five consecutive days, for a total of more than 23%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market News: Uber shares soar, Yellen warns on debt ceiling, IBM, Chegg CEOs talk AITreasury Secretary Janet Yellen warns on debt ceiling as the Federal Reserve begins its two-day meeting. JOLTS report kicks off jobs data. Uber, Pfizer, Starbucks earnings in focus. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Uber shares jump on ride, delivery growthShares of Uber are higher on Tuesday after the ride-sharing company reported growth in gross customer bookings and deliveries in the first quarter of 2023.
Source: FoxBusiness - 🏆 458. / 53 Read more »