Previous close | 23.72 |
Open | 22.89 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 23.92 - 24.02 |
52-week range | 23.14 - 51.61 |
Volume | |
Avg. volume | 34,532 |
Market cap | N/A |
Beta (5Y monthly) | 1.36 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Uber (UBER) shares are dropping after the rideshare company's first quarter results saw gross bookings fall below Wall Street estimates. WestEnd Capital Management Senior Equity Analyst Ali Mogharabi joins Market Domination to break down Uber's earnings and what it could signal for the company's future. "We were not necessarily surprised by the numbers," Mogharabi tells Julie Hyman, saying that the company saw strong gross bookings and total revenue overall. "The network effect of this entire platform continues to strengthen," he adds, citing increasing user growth and frequency. Mogharabi adds that Uber stock's dip is an "overreaction to a slight miss on mainly the bottom line, which was basically a decline in the unrealized value of the equity investments that these guys have." He points to Uber Eats as a success for the company, citing the platform's continued growth long after the uptick caused by the coronavirus pandemic. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
A variety of growth stocks are taking a hit in Wednesday's morning session, including Affirm (AFRM), Shopify (SHOP), Uber (UBER), and Upstart (UPST), after reporting earnings. Catalysts Anchors Seana Smith and Madison Mills comment on the market conditions weighing on stocks this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
It’s all about earnings on Wall Street today. Shares of Shopify (SHOP) and Uber Technologies (UBER) are falling sharply after their quarterly updates fell short of investor expectations. The scrutiny will turn to companies including Airbnb (ABNB), Arm Holdings (ARM), Robinhood (HOOD), AMC Entertainment (AMC), and Instacart (CART), which all report this afternoon. Other trending tickers on Yahoo Finance include Intel (INTC), Reddit (RDDT), and Tripadvisor (TRIP). Top guests today include: 3:05 p.m. ET - Mark Newton, Fundstrat Global Advisors Managing Director and Global Head of Technical Strategy 3:35 p.m. ET - John Peyton, Dine Brands CEO 4:15 p.m. ET - Devin Ryan, Citizens JMP Director of Financial Technology Research 4:45 p.m. ET - Neela Montgomery, Orveon CEO