UBER - Uber Technologies, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
32.04
+0.04 (+0.14%)
As of 2:35PM EDT. Market open.
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Previous Close32.00
Open31.80
Bid32.09 x 1200
Ask32.10 x 800
Day's Range31.44 - 32.38
52 Week Range28.31 - 47.08
Volume5,100,503
Avg. Volume9,468,209
Market Cap54.476B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-3.01
Earnings DateNov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est49.53
Trade prices are not sourced from all markets
  • ACCESSWIRE

    SHAREHOLDER ALERT: COF TXT UBER: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / October 16, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a ...

  • China's Didi Chuxing deepens Latam push with plans to launch in Costa Rica
    Reuters

    China's Didi Chuxing deepens Latam push with plans to launch in Costa Rica

    Chinese ride-hailing giant Didi Chuxing is preparing to launch in Costa Rica, marking its first expansion into Central America, according to a job posting viewed by Reuters. "You will have the opportunity to work in a tight team, where you will launch, build and run DiDi's business in (Central) America and (the) Caribbean," states the job ad, which has not previously been reported. Didi has waged an aggressive expansion campaign in Latin America.

  • Business Wire

    Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Uber Technologies, Inc.

    Law Offices of Howard G. Smith reminds investors of the upcoming December 3, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Uber Technologies, Inc. (“Uber” or the “Company”) (NYSE: UBER) securities pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s May 2019 initial public offering (“IPO”).

  • Uber, Lyft May Face Greater Federal Oversight, Lawmaker Warns
    Bloomberg

    Uber, Lyft May Face Greater Federal Oversight, Lawmaker Warns

    (Bloomberg) -- Uber Technologies Inc. and Lyft Inc. may soon face stepped-up oversight after largely avoiding traditional rules during their rapid expansion in recent years, the chairman of the House Transportation and Infrastructure Committee warned on Wednesday.Representative Peter DeFazio, an Oregon Democrat, said at a hearing that ride-hailing companies have revolutionized how people travel but also have a lot of problems, such as adding to traffic congestion and conducting “woefully inadequate” background checks for drivers that have put passenger safety at risk.DeFazio’s comments signal that U.S. lawmakers may take a more critical look at how Uber and Lyft fit into the nation’s transportation system. Uber in particular has been criticized for avoiding traditional transportation and labor regulations by labeling itself a technology company, drawing scrutiny from federal prosecutors and officials in major cities such as San Francisco and London.Uber and Lyft declined to send representatives to testify at the hearing after the companies “led us on for six to eight weeks that they would testify,” DeFazio said.The hearing should serve as “a wake-up call to the companies that have flooded our roadways with disruptive technologies and investor capital that their days of operating with little public policy and regulatory oversight in the transportation space are coming to an end,” DeFazio said.To contact the reporter on this story: Ryan Beene in Washington at rbeene@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Gregory MottFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • CrowdStrike CEO gives perfect answer on post IPO stock price tumble
    Yahoo Finance

    CrowdStrike CEO gives perfect answer on post IPO stock price tumble

    Crowdstrike remains a business on fire, even if some on Wall Street are voicing views to the contrary.

  • ACCESSWIRE

    INVESTOR ALERT - Uber Technologies, Inc. (UBER) - Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Class Action and Lead Plaintiff Deadline: December 3, 2019

    NEW YORK, NY / ACCESSWIRE / October 16, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Uber Technologies, Inc. ("Uber" or "the Company") (UBER) and certain of its officers, on behalf of shareholders who purchased Uber securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Uber's May 2019 initial public stock offering (the "IPO" or the "Offering"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

  • GlobeNewswire

    CLASS ACTION UPDATE for TXT, SNDL, UBER and RUHN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Oct. 16, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Reuters

    UPDATE 1-Ride-hailing companies Uber, Lyft won't testify before Congress

    Uber Technologies Inc and Lyft Inc declined to appear on Wednesday at a U.S. House of Representatives hearing on issues relating to the ride-hailing industry, a congressional committee said. The two ride-hailing companies had been asked to appear as part of a House Transportation and Infrastructure Committee inquiry on safety and labor practices as lawmakers seek to prepare legislation that will impact the industry. "Their failure to appear at this hearing is a telling sign that they would rather suffer a public lashing than answer questions on the record about their operations," the head of the panel, U.S. Representative Peter DeFazio, a Democrat, said in his prepared remarks.

  • Can Facebook's Libra be a Winner in Emerging Markets?
    Zacks

    Can Facebook's Libra be a Winner in Emerging Markets?

    Libra could be the ideal digital currency to benefit emerging markets owing to its technical expertise and secure blockchain technology.

  • Ride-hailing companies Uber, Lyft won't testify before Congress
    Reuters

    Ride-hailing companies Uber, Lyft won't testify before Congress

    Uber Technologies Inc and Lyft Inc declined to appear on Wednesday at a U.S. House of Representatives hearing on issues relating to the ride-hailing industry, a congressional committee said. The two ride-hailing companies had been asked to appear as part of a House Transportation and Infrastructure Committee inquiry on safety and labor practices as lawmakers seek to prepare legislation that will impact the industry. "Their failure to appear at this hearing is a telling sign that they would rather suffer a public lashing than answer questions on the record about their operations," the head of the panel, U.S. Representative Peter DeFazio, a Democrat, said in his prepared remarks.

  • Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog
    Bloomberg

    Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The U.K. competition regulator has started a review into Amazon.com Inc.’s bid to buy a slice of fast-growing food delivery startup Deliveroo, adding to the e-tailing giant’s antitrust woes around the globe.The Competition and Markets Authority said on its website Wednesday it’s investigating the purchase of rights and a minority shareholding in Roofoods Ltd., which does business under the Deliveroo brand. The first phase will wrap up by Dec. 11, it said.The investigation comes after the regulator said in July it had “reasonable grounds” to believe Amazon and Deliveroo, which operates a fleet of smartphone-navigated scooters and bicycles to deliver food from local restaurants, had either ceased to be separate operations or were close to merging. While CMA reviews into mergers are relatively common, it’s unusual for the regulator to examine acquisitions of minority stakes.A spokesman for Amazon declined to comment, while a representative for Deliveroo didn’t immediately return a message inquiring about the review.U.S. Democratic presidential contender Elizabeth Warren on Tuesday called out Amazon for running an online marketplace and competing with third-party sellers on the platform as the European Union’s competition czar investigates whether the company is shortchanging smaller merchants in that dual role. Amazon also faces separate antitrust scrutiny from the U.S. Federal Trade Commission and Justice Department.Cash InjectionIn May, Amazon said it would invest in a $575 million funding round to help the London-based startup expand its technology team and network after closing down its own food delivery business in the capital last year. U.K. food delivery has become fiercely competitive, and Deliveroo’s rivals include Just Eat Plc and Uber Technologies Inc.That rivalry has driven acquisition talk across the industry. Just Eat and Takeaway.com NV agreed in July to a 5 billion-pound ($6.4 billion) combination, less than six months after Takeaway.com spent about $1 billion for the German operations of rival Delivery Hero SE. Spanish food delivery startup Glovo has also drawn preliminary interest from Uber and Deliveroo in recent months, people familiar with the matter said previously.Deliveroo said this month that while global sales from its food-delivery business had increased 72% in 2018, profitability remained elusive. The company said it lost 232 million pounds last year compared to 199 million pounds a year earlier.Amazon has signaled its growing ambitions in the U.K. grocery market with Prime Now, which delivers in major British cities within two hours. It faces stiff domestic competition from the likes of Ocado Group Plc, an online grocery pioneer that licenses its technology to the likes of Kroger Co. and aims to halve the Prime Now delivery time with a service called Zoom.(Adds Amazon’s response in fourth paragraph, background on acquisitions from sixth paragraph)\--With assistance from Stephanie Bodoni.To contact the reporters on this story: Hugo Miller in Geneva at hugomiller@bloomberg.net;Christopher Elser in London at celser@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Amy Thomson, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • We're learning how much big banks are feeling Silicon Valley's pain: Morning Brief
    Yahoo Finance

    We're learning how much big banks are feeling Silicon Valley's pain: Morning Brief

    Top news and what to watch in the markets on Wednesday, October 16, 2019.

  • Recession Fears Fuel Peloton, SmileDirectClub Woes, Analysts Say
    Bloomberg

    Recession Fears Fuel Peloton, SmileDirectClub Woes, Analysts Say

    (Bloomberg) -- Wall Street’s tepid reception to highly-anticipated IPOs from Peloton Interactive Inc. and SmileDirectClub Inc. shows rising anxiety that a recession could be on the horizon, analysts say.The struggles for the home exercise company, the dental aligner maker, and ride-hailing peers Lyft Inc. and Uber Technologies Inc. may give a glimpse into how investors are valuing their services as well as what a global slowdown could mean for the consumer-dependent stocks.“The weakest link is retail. Companies that sell to –- or stocks that are bought by -– individual retail buyers will feel the effects soonest and most,” said Rett Wallace, CEO of Triton Research Inc.Weakness in these mega-IPOs has partially been driven by a rotation toward more defensive business models, MKM analyst Rohit Kulkarni said in a telephone interview. While Uber and Lyft could benefit from a spike in part-time drivers, demand for their services and Peloton’s subscription numbers may take a hit if consumers have less money to spend, he said.“Consumer companies such as Uber, Lyft and Peloton will probably feel a more near-term impact of any potential slowdown in the macroeconomic space,” Kulkarni said. Traders could shun their monthly subscriptions or pay-as-you-go models, if slowing revenue lengthens their path to profitability.The S&P 500’s brief climb above 3,000 for the first time in three weeks provided a lift for some of the beaten-down companies on Tuesday. Peloton had its best session, rising 9.2% off a record low, while SmileDirectClub bounced 6.3% to trade back above $10. But both stocks are still trading well below their offering prices.Both had also set the terms for their IPOs in September, shortly after the spread between 3- and 10-year Treasuries bottomed out in August, indicating a higher probability of a recession. According to data compiled by Bloomberg, the probability of a recession had then peaked at nearly 40%.SmileDirectClub’s more than 50% decline from its September offering has placed it among the year’s worst performers. An analyst who follows the company closely said in an email that he is impressed with its business model but acknowledged that “it certainly will have exposure to an economic downturn given the discretionary nature of orthodontics.”Some of the best-performing IPOs show the inverse. Application software companies have seen their stock prices surge as investors favored firms that face businesses instead of individuals. Zoom Video Communications Inc. and CrowdStrike Holdings Inc. are a few that come to mind when surveying the landscape of red-hot companies whose business models might be more sustainable.While Beyond Meat Inc. remains the year’s best performing IPO, with a more than 385% gain since going public in May, it has cooled off from its summer sizzle. The stock has lost almost half its value from a July 26 peak, shedding almost $7 billion in value.Now, the challenge for investors, according to Kulkarni, is valuing large, unprofitable companies at just the time when the global economy may be headed for a slowdown, and maybe even recession.To contact the reporters on this story: Bailey Lipschultz in New York at blipschultz@bloomberg.net;Drew Singer in New York at dsinger28@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Jennifer Bissell-Linsk, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    RPT-Chilean bank ordered to open Uber's accounts to taxman

    Chile's Supreme Court has ordered the Bank of Chile to allow tax authorities to examine the local accounts of Uber, rejecting an appeal by the ride-sharing company, according to a judgment seen by Reuters on Tuesday. The bank was ordered to provide the Internal Revenue Service (SII) with details of payments into and out of two bank accounts controlled by Uber´s local entity between January 1 2015 and May 30 2017, along with information about other bank accounts it previously opened then closed, within 10 days of the ruling. It is the latest in a series of legal disputes globally involving Uber and its drivers over issues such as employment terms, regulation and taxation which could impinge on its operations and profitability.

  • Chilean bank ordered to open Uber's accounts to taxman
    Reuters

    Chilean bank ordered to open Uber's accounts to taxman

    Chile's Supreme Court has ordered the Bank of Chile to allow tax authorities to examine the local accounts of Uber , rejecting an appeal by the ride-sharing company, according to a judgment seen by Reuters on Tuesday. The bank was ordered to provide the Internal Revenue Service (SII) with details of payments into and out of two bank accounts controlled by Uber´s local entity between January 1 2015 and May 30 2017, along with information about other bank accounts it previously opened then closed, within 10 days of the ruling. It is the latest in a series of legal disputes globally involving Uber and its drivers over issues such as employment terms, regulation and taxation which could impinge on its operations and profitability.

  • WeWork bonds sink as bankers circulate rescue financing proposals
    MarketWatch

    WeWork bonds sink as bankers circulate rescue financing proposals

    Debt investors are taking a more pessimistic view of WeWork after bankers circulated a potential $5 billion rescue financing package for the embattled office-share venture to help it stave off a cash-flow crisis

  • Is the IPO Party Over? ETFs in Focus
    Zacks

    Is the IPO Party Over? ETFs in Focus

    We take a look at the IPO landscape and ETFs that provide a safer way to invest in in newly public companies.

  • GlobeNewswire

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Uber Technologies Inc. - UBER

    Pomerantz LLP is investigating claims on behalf of investors of Uber Technologies Inc. (“Uber” or the “Company”) (NYSE: UBER).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.

  • Barrons.com

    SoftBank Stock Has Fallen Hard on the WeWork News. Why One Analyst Says It’s Still Not a Buy.

    The Japanese conglomerate has been ravaged in recent months by a toxic brew of bad investments and terrible press. LightShed Partners lays out the bull and bear cases.

  • CityLab Daily: The New Geography of American Immigration
    City Lab NonHosted

    CityLab Daily: The New Geography of American Immigration

    Also: Where the presidential candidates’ public housing plans go wrong, and the millennial urban lifestyle is about to get more expensive.

  • Bloomberg

    WeWork’s Communications Chief to Leave After Six Turbulent Months

    (Bloomberg) -- WeWork is losing its chief communications officer, concluding a six-month tenure marked by a constant stream of bad news.Jimmy Asci, who had joined the New York-based co-working company in April, resigned last Wednesday, according to a person familiar with the matter who wasn’t authorized to discuss the move publicly and asked not to be identified. Asci is at least the third executive in that department to leave in as many months. Asci declined to provide a statement on his departure.Since publishing a prospectus for an initial public offering in August, WeWork has faced criticism for an over-inflated valuation, lax corporate governance, steep and growing losses, and a divisive chief executive officer. Last month, the parent company, We Co., withdrew its IPO paperwork, and the board ousted the CEO, Adam Neumann.With funds running low, WeWork is looking to sell assets and expects to cut potentially thousands of jobs from its staff of about 12,500 this month, as it focuses on its core business of renting out office space. Banks are pitching investors on a rescue package that would be one of the riskiest junk-debt offerings in years.As the recent chaos at WeWork unfolded, different factions within the company hired communications consultants, who are often at odds with one another. Neumann, who’s now chairman, and his wife Rebekah use one firm, while the company has two others. Major investors, including SoftBank Group Corp., each have their own.The situation is not unlike what happened at Uber Technologies Inc., when co-founder Travis Kalanick was pressured by investors to resign as CEO. During that episode, Kalanick worked with Asci before WeWork hired him to run PR.Some rifts between the Neumann-era WeWork and its new co-CEOs have surfaced in recent weeks. Over the years, Neumann had hired family members and personal friends. In the days after Neumann’s departure, his replacements began scrutinizing those at the company with close ties to Neumann. Several of them left.(Updates with context in the fourth paragraph.)To contact the author of this story: Ellen Huet in San Francisco at ehuet4@bloomberg.netTo contact the editor responsible for this story: Mark Milian at mmilian@bloomberg.net, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Yahoo Finance Video

    New study reveals the most & least expensive delivery apps

    A new study from management consulting firm Kinetic 12 compares the price difference between food delivery app fees. Yahoo Finance's Zack Guzman & Heidi Chung, along with entrepreneur and founder of Prelude Fertility and Overture Life Martín Varsavsky discuss.