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Uber's stock was up 2.4% at $42.22 in afternoon trading, but the shares have dropped 6% from the price set in the May 9 IPO amid investor worries over whether the company is able to make money.
Uber's 367-page prospectus includes 48 pages of risks. For premium support please call: 800-290-4726 more ways to reach us
Uber confirmed on Thursday that it’s responding to a cybersecurity incident after reports claimed a hacker had breached its internal network. The ride-hailing giant discovered the breach on ...
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The ride-hailing service Uber said Friday that all its services were operational following what security professionals are calling a major data breach, claiming there was no evidence the hacker ...
Uber (NYSE:UBER) has suffered a rather underwhelming debut on the public markets. Its IPO priced at the low end of expectations. Even that wasn't enough. UBER stock started dropping from the ...
Internet-based ride-hailing company Uber isn't making money … and it may never make any money. As Uber prepares to go public, its drivers are on strike. It lost $3 billion last year. Stock in ...
The initial public offering for Uber is coming, and a lot of people are worried it will be a dud.Source: Shutterstock The trends aren't great. Bookings and revenue growth are slowing, while the ...