Uber Technologies (UBER) is a popular ride-hailing and delivery service. I am bullish on the stock. Among the most challenged businesses during the onset of the COVID-19 pandemic was Uber, as people hesitated to go outside for rides. However, the company made a smart move as it expanded into food delivery. Uber's business problems also subsided as COVID-19 vaccines became more widely available to the public. Nonetheless, as we'll see in a moment, UBER stock isn't doing well in 2021. Does this mean that there are major problems with the company? Not necessarily.
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Uber Technologies (NYSE:UBER)
Historical Stock Chart
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Uber Technologies (NYSE:UBER)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Uber Technologies Charts.