November 5, 2019 Sophia Vida
Hot Stocks

Uber Reports Quarterly Loss of Over $1 Billion in Latest Quarter

Ride hailing giant Uber reported its third quarter financial results this week that beat estimates in earnings and revenue. Shares were falling as much as 5% however, after Wall Street learned that the company’s quarterly loss had topped $1 billion. For the third quarter, Uber reported a loss per share of 68 cents. This was … Continue reading “Uber Reports Quarterly Loss of Over $1 Billion in Latest Quarter”