Shares of Uber dropped 4.95% to $51.62 at 11:37 EST on Monday, after two sequential sessions in a row of losses. NYSE Composite is falling 0.92% to $14,815.02, after two consecutive sessions in a row of losses. This seems, at the moment, a somewhat rough trend exchanging session today.
Uber’s last close was $54.31, 16.29% under its 52-week high of $60.03.
News about Uber today
Uber lays off 15% of postmates' workforce just 3 months after buying the food delivery app. postmates founder bastian lehmann is reportedly among those let go.. According to today’s article on Business Insider, "More could leave over the next few months if Uber doesn’t renew their contracts, the sources said.", "Less than three months after regulators approved its $2.65 billion purchase of Postmates, Uber has laid off around 15% of the food delivery app’s workforce, The New York Times reported."
Uber’s sales growth is a negative 11.9% for the present quarter and 8.6% for the next. The company’s growth estimates for the present quarter and the next is 14.1% and 67.6%, respectively.
Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 12.98B for the twelve trailing months.
Uber’s last day, last week, and last month’s average volatility was a negative 2.73%, a negative 0.95%, and a positive 0.24%, respectively.
Uber’s last day, last week, and last month’s high and low average amplitude percentage was 2.67%, 3.68%, and 4.24%, respectively.
Uber’s Stock Yearly Top and Bottom Value
Uber’s stock is valued at $51.62 at 11:37 EST, way under its 52-week high of $60.03 and way above its 52-week low of $13.71.
Uber’s Moving Average
Uber’s worth is below its 50-day moving average of $53.66 and way above its 200-day moving average of $40.84.