Uber Stock Appreciates 13% YTD: What Should Investors Do Now?
UBERUber(UBER) ZACKS·2024-09-09 22:56

Uber Technologies (UBER) , which provides ride-hailing, food delivery and freight (leasing vehicles to third parties) services through its Mobility, Delivery and Freight segments, respectively, continues to exhibit strong fundamentals that suggest potential for long-term growth, driven by its constant efforts to expand its network. The company has seen its shares rise 13% year to date, outpacing the industry's 6.1% growth. UBER shares have performed way better than rival Lyft's (LYFT) shares. However, Uber, ...