Shares of Uber rose 2.77% to $53.72 at 10:36 EST on Wednesday, following last session’s upward trend. NYSE Composite is rising 0.71% to $14,500.45, following last session’s downward trend, This seems, as yet, a somewhat positive trend exchanging session today.
Uber’s last close was $52.27, 4.28% under its 52-week high of $56.02.
News about Uber today
Uber, gig companies seek labor deals to avoid workers becoming employees. According to today’s article on The Wall Street Journal, "Following the Geneva move, Uber said only 300 couriers were given contracts, costing 1,000 others their jobs.", "Uber Technologies Inc. and Amazon.com Inc.-backed Deliveroo are among a number of food-delivery businesses seeking to secure deals with workers and unions in the hope of averting legislation that could force them to treat delivery drivers as employees, potentially upending their business models."
Uber’s sales growth is a negative 10.9% for the current quarter and 9.3% for the next. The company’s growth estimates for the current quarter and the next is 15.6% 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 0.58%, 0.19%, and 0.16%, respectively.
Uber’s last day, last week, and last month’s high and low average amplitude percentage was 2.95%, 3.07%, and 4.21%, respectively.
Uber’s Stock Yearly Top and Bottom Value
Uber’s stock is valued at $53.72 at 10:36 EST, below its 52-week high of $56.02 and way higher than its 52-week low of $13.71.
Uber’s Moving Average
Uber’s value is above its 50-day moving average of $50.97 and way higher than its 200-day moving average of $38.11.
Previous days news about Uber
The inside story of how bitter rivalries and petty fights derailed google's self-driving supremacy and cost Uber its shot at the crown. According to Business Insider on Sun Dec 27, ""I have just heard today from two different sources that Anthony is approaching members of their team attempting to set up a package deal of people that he could sell en masse to Uber." Larry Page didn’t receive that email, but he was used to chatter about Levandowski’s character and ethics. ", "Uber CEO Travis Kalanick got his first taste of the self-driving future one morning in August 2013, when he stepped out of the Four Seasons Hotel in Palo Alto and saw a Google driverless car waiting for him, the lidar spinning away on its roof. "
Cathie wood: Uber and lyft missed the boat. According to Business Insider on Sun Dec 27, "$UBER and $LYFT stayed private too long and lost the plot. ", "Ark Invest’s Cathie Wood isn’t betting on Uber Technologies Inc (NYSE:UBER) and LYFT Inc (NASDAQ:LYFT) over Tesla Inc (NASDAQ:TSLA)."