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UBER May 2024 71.000 call
| Previous close | 0.0700 |
| Open | 0.0900 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 71.00 |
| Expiry date | 2024-05-03 |
| Day's range | 0.0100 - 0.2700 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.52k |
- Yahoo Finance Video
Uber sinks on Q1 loss while Lyft ridership increases
Shares of Uber (UBER) are trading lower Wednesday morning after the company posted its first quarter results, revealing gross bookings fell below estimates. However, revenue grew 15% year over year to $10.13 billion. In contrast, Lyft (LYFT) shares are rising as the company beat revenue expectations on the top and bottom line for its first quarter results. In addition, the company grew active ridership, exceeding expectations, at its fastest pace since 2022. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for both companies and what they could mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Uber earnings, Fedspeak: What to Watch
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Barrons.comUber Stock Drops After Earnings Reveal Surprise Loss. Here’s What Happened.
Uber Technologies stock was falling Wednesday after the ride-sharing company posted a first-quarter loss when analysts expected a profit. Shares of Uber were down 8.6% to $64.39 and were on pace for their largest percentage decrease since Oct. 11, 2022, according to Dow Jones Market Data. Uber reported a first-quarter adjusted loss of 32 cents a share on revenue of $10.13 billion.
