By fmsmnews / August 8, 2019

Uber lost more than $5 billion in three months, and the stock is getting punished

Uber Technologies Inc. shares plunged 12% in the extended session Thursday after the ride-hailing service reported a whopping $ 5.24…

Uber Technologies Inc. shares plunged 12% in the extended session Thursday after the ride-hailing service reported a whopping $ 5.24 billion loss.

View Article Here MarketWatch.com – Top Stories

Categories: MONEY Tags: billion, Getting, Lost, months, more, punished, Stock, Than, three, Uber

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Uber lost more than $5 billion in three months, and the stock is getting punished

fmsmnews

Personal Finance Daily: Some Americans are more likely to socially distance and wear face masks than others — here’s why, and Disney fans say a popular ride is racist and should be overhauled

After Kelly Preston’s breast cancer death, a reminder of the disease’s financial toll

Personal Finance Daily: What to know if your Wells Fargo personal line of credit is canceled and ‘I am done with the suburbs. I want a small, liberal town or city with a walkable downtown’: Where should my family move?

NewsWatch: What can the Fed do to cure a coronavirus-stricken stock market that erased $4.3 trillion in 7 sessions?

The Wall Street Journal: WeWork parent may drop IPO value below $20 billion amid investor skepticism

Market Extra: Why Greece is selling new bonds at ‘risk-free’ levels akin to U.S. Treasurys

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