Friday, December 5, 2025
Search

Uber Stock Rises So Far On Tuesday, Outperforms Market

Via News Editorial Team

November 24, 2020

Uber Stock Rises So Far On Tuesday, Outperforms Market

According to today's article on Bloomberg Quint, "SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion."

Shares of Uber rose 4.15% to $52.12 at 11:05 EST on Tuesday, following yesterday's upward trend. The New York Stock Exchange is jumping 1.39% to $14,192.20, following yesterday's upward trend, on what up to now seems, an all-around positive trend trading session today.

Uber's last close was $50.04, under its 52-week high of $51.78.

Uber's sales growth is a negative 10.4% for the current quarter and 8.6% 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 stock is valued at $52.12 at 11:05 EST, higher than its 52-week high of $51.78.

Uber's value is way higher than its 50-day moving average of $39.96 and way higher than its 200-day moving average of $35.02.