(VIANEWS) – The NYSE ended the session with Uber (UBER) rising 5.33% to $32.99 on Wednesday while NYSE rose 0.15% to $14,843.21.
New Jersey’s Department of Labor & Workforce Development said Tuesday that Uber Technologies Inc. and a subsidiary submitted a $100 million payment to the agency’s Unemployment Trust Fund after an audit determined that the companies wrongfully classified nearly 300,000 drivers as independent contractors. The stock has gained 42% over the past three months as the S&P 500 has increased 6.2%.
Uber Technologies, Inc. is a company that develops and runs proprietary technology in America, Canada, Latin America, Europe, Latin America, Europe, Asia Pacific, Latin America, Latin America, Europe, Middle East, Africa, Asia Pacific, Latin America, Latin America, Latin America, Europe, Latin America, Europe, Latin America, Europe, Asia Pacific, Latin America, Latin America, Europe, Asia Pacific, Latin America, Latin America, Europe, Middle East, Africa, Asia, and Latin America. The company connects customers with rideshare service providers; it also connects other riders with restaurants and grocers with food delivery and grocery delivery providers. It operates in three main segments, Mobility, Delivery and Freight. It offers products to connect customers with drivers that provide transportation in various vehicles such as taxis, cars, vans, bikes, minibuses or motorbikes. You can also find financial partners, transportation, and other vehicle solutions. Consumers can search and find local restaurants and order food. They also have options to pick up at the restaurant, or have it delivered. The delivery segment offers groceries, alcohol and convenience store deliveries, along with other products. Transport segment allows shippers to connect with carriers on their platform.
Today’s last reported volume for Uber is 24672500, 13.04% below its average volume of 28374100.
Uber’s last close was $31.32, 35.92% below its 52-week high of $48.88.
Uber’s sales growth is 84.1% for the present quarter and 49% for the next.
Year-on-year quarterly revenue growth grew by 105.5%, now sitting on 25.55B for the twelve trailing months.
Uber’s Stock Yearly Top and Bottom Value
Uber’s stock is valued at $32.99 at 19:00 EST, way below its 52-week high of $48.88 and way above its 52-week low of $19.90.
Uber’s Moving Average
Uber’s worth is way higher than its 50-day moving average of $26.83 and above its 200-day moving average of $31.34.
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