Uber shares drop 4% after it loses more money than expected in Q2
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Today after the bell, American ride-hailing giant Uber released its second quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially-preceding period (Q1 2020). Investors had anticipated Uber’Uber shares drop 4% after it loses more money than expected in Q2
Today after the bell, American ride-hailing giant Uber released its second quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially-preceding period (Q1 2020). Investors had anticipated Uber’s declines due to COVID-19, and the company had spent time earlier this year assuring the investing public that it had […] Read more