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Uber’s share prices suffer after report shows major quarterly losses

Uber’s share prices suffer after report shows major quarterly losses | TDF Weekly Ep 3

Uber is reporting lower second quarter revenue than anticipated at just around 3.17 Billion Dollars. Internal projections and market analysis suggested the popular ride-share company was set to make 192 million dollars MORE in this quarter. Uber CEO Dara Khosrowshahi appeared on CNBC to discuss the company’s initial public offering. In this quarter alone, Uber’s individual stock price has gone down close to 5 dollars.

See Uber’s Stock Price here.

Jay Doherty

2019

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Jay Doherty, Jr. 2019. All rights reserved.
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