Uber Stock Is Up a Phenomenal 121% in 2 Years: But Is Now the Time to Buy?
Uber(UBER) The Motley Fool·2024-08-17 05:00
This booming growth tech stock is benefiting from strong momentum. Despite taking shareholders on a very bumpy ride, Uber (UBER -0.95%) has been a huge winner. In the past 24 months, since August 2022, shares of this growth tech stock have skyrocketed 121%. Investors would've more than doubled their money owning this business, compared to a 34% return from the S&P 500 index. But is now the right time to buy Uber? Financial performance It's hard to ignore the ongoing macroeconomic uncertainty worrying invest ...