Uber (UBER) stock is starting to pick up traction, now up around 23% from its September 15 bottom. The popular ride-hailing and food-delivery firm faced a tough road amid COVID-19 headwinds. Now that the economy is ready to reopen, lingering COVID-19 disruptions are still keeping the firm from blasting past pre-pandemic ridership levels. However, after posting a solid third quarter that revealed an operating profit alongside signs of easing driver shortages, it seems like UBER stock is ready to put COVID-19 headwinds behind it, as it looks to U-turn off its recent bottom.
https://www.tipranks.com/news/article/uber-stock-looks-attractive-after-share-price-u-turn?utm_source=advfn.com&utm_medium=referral
Uber Technologies (NYSE:UBER)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Uber Technologies Charts.
Uber Technologies (NYSE:UBER)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Uber Technologies Charts.