Dodo198444
2022-12-05

$Uber(UBER)$ zacks 

Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this ride-hailing company have returned +1.3% over the past month versus the Zacks S&P 500 composite's +8.6% change. The Zacks Internet - Services industry, to which Uber belongs, has gained 15.8% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making

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