Uber's stock just hit a new record low after last week's disastrous earnings report

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Shares plummeted last following a quarterly report that fell short of investor expectations last week. The sell-off continued through Monday.

Uber's stock price has sold off considerably following the company's earnings report last week. Shares closed at a fresh low on Monday, at $37.01, the lowest since May 13. The company priced its initial public offering on May 9. Follow Uber's stock price in real time on Markets Insider here. Shares of Uber sank more than 7% to a new record low price on Monday, closing at $37.01. The stock's previous bottom of $37.

Uber's stock price has sold off considerably following the company's earnings report last week. Shares closed at a fresh low on Monday, at $37.01, the lowest since May 13. The company priced its initial public offering on May 9. Follow Uber's stock price in real time on Markets Insider here. Shares of Uber sank more than 7% to a new record low price on Monday, closing at $37.01. The stock's previous bottom of $37.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Uber I'm a Big Boy. If I couldn't weather the storm, I wouldn't have bought it. BOOM

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:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines