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Uber is profitable as of the fourth quarter of 2023. You will also note that around the time of their financial announcement[1] their stock price gained about 5
by constantly 3y ago
Uber is profitable as of the fourth quarter of 2023. You will also note that around the time of their financial announcement[1] their stock price gained about 50% in share price, jumping from $40/share at the beginning of November to $60/share today, about six weeks later.
[1] https://investor.uber.com/news-events/news/press-release-details/2023/Uber-Announces-Results-for-Third-Quarter-2023/default.aspx https://investor.uber.com/news-events/news/press-release-det...