Analyst Says Uber's Stock Drop After Q3 Beat is Overdoing It

Reported 26 days ago

Uber reported strong third-quarter earnings, surpassing both revenue and earnings expectations with $11.19 billion in revenue and an adjusted EPS of $1.20. Despite these positive results, the stock has seen a decline, which TD Cowen analyst John Blackledge describes as excessive, maintaining a 'Buy' rating on the stock.

Source: YAHOO

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