Shares of Uber Technologies Inc. UBER rallied 2.66% to $66.31 Monday, on what proved to be an all-around mixed trading ...
The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.
Uber stock jumped Monday morning after the ride-hail giant announced a $1.5 billion accelerated share repurchase agreement.
Uber Technologies and Lyft stocks were rising Monday after two analysts shared optimistic views about the ride-hailing platforms despite concern about competition with autonomous vehicles. Both Uber ...
The ride-sharing giants are having a good Monday, following Uber's announcement of a $1.5 billion accelerated ...
The ride-hailing giants are preparing to deploy driverless taxis soon. Plenty of questions remain unanswered.
Uber shares jumped Monday after the ridesharing company said it is starting a $1.5 billion accelerated stock buyback program ...
Uber has initiated a $1.5 billion accelerated share repurchase as part of a $7 billion buyback plan to enhance shareholder value, supported by a 20% revenue increase in Q3 2024.
After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering ...
Separately, Wedbush analysts added the stock to their Best Ideas List, arguing the risk/reward is more attractive with the ...