Tag: Uber shares

Enterprise, Industries

Uber shares hit after losing license to operate in London over safety fears

November 25, 2019

Via: Market Watch

Uber shares fell by 6% in premarket trading after global ride-hailing app was stripped of its London license. The company lost its license to operate in England’s capital city on Monday after the transport regulator discovered more than 14,000 journeys […]

Capital, Finance Tech

Uber thinks price war with Lyft may be ending, and both stocks are headed higher

May 31, 2019

Via: Market Watch

Uber Technologies Inc. shares shot higher in after-hours trading Thursday after executives indicated a price war with Lyft Inc. that was keeping ride-hailing fares low was settling down. Uber UBER, +0.25% reported first-quarter losses of $1.01 billion, or $2.26 a […]

Industries, Others

Uber is going public at up to $90 billion valuation

April 26, 2019

Via: Business Insider

Uber’s initial public offering will raise upward of $10.3 billion in what would be one of the largest IPOs in history, according to a Securities and Exchange Commission filing published Friday. The ride-hailing giant says it expects to offer 180 […]