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Interesting stock chart: https://finance.yahoo.com/quote/UBER?p=UBER https://finance.yahoo.com/quote/UBER?p=UBER - set it to 5 days. Apparently Lyft upped its
by jerf 7y ago
Interesting stock chart: https://finance.yahoo.com/quote/UBER?p=UBER https://finance.yahoo.com/quote/UBER?p=UBER - set it to 5 days.
Apparently Lyft upped its guidance, and Uber stock took off today; it was up 8.25% percent from yesterday. As of right now, it's now down 10% off closing to 38.66, a value it hasn't had since... last Wednesday morning.
Disappointing if you're a holder, sure, but not as catastrophic as you'd think if you only read this news.
(To the extent I have bias here, it is bias against trying to judge stock performance only by reading about its massive jumps up or down. Uber I'm not a particular fan of but I can't say I'm all that personally passionately against it either. I don't mean this as attack or defense, only a perspective on the news that I think is closer to a truth.)