Why Uber Shares Are Falling

Like
1
Favorite

Why Uber Shares Are Falling

Benzinga2023-02-11

Uber Technologies Inc (NYSE:UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with Lyft Inc (NASDAQ:LYFT), who issued first-quarter revenue guidance below analyst estimates.

See Also: Hey, Lyft, Uber Has You Beat: 4 Analysts Discuss Weak Guidance, Q4 Earnings Miss

What Else?

Our Benzinga team reported Lyft partially blamed $201.3 million in stock-based compensation and related payroll tax expenses, as well as restructuring charges related to its recent wave of layoffs for the earnings miss.

Looking ahead, Lyft guided for first-quarter revenue of $975 million, up from $876 million a year ago but well short of analyst estimates of $1.09 billion...Read More

According to data from Benzinga Pro, Uber has a 52-week high of $38.65 and a 52-week low of $19.90.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Dodo198444
·2023-02-11
Where is the point ? Why uber fall ?. There is no connection between uber and lyft !!!!
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2310678979?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-02-11 03:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2310678979","market":"us","top_or_hot":-1,"title":"Why Uber Shares Are Falling","media":"Benzinga","content":"<html><body><p><strong>Uber Technologies Inc</strong> (NYSE:UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with <strong>Lyft Inc</strong> (NASDAQ:LYFT), who issued first-quarter revenue guidance below analyst estimates.</p>\n<p><em>See Also: Hey, Lyft, Uber Has You Beat: 4 Analysts Discuss Weak Guidance, Q4 Earnings Miss</em></p>\n<p><strong>What Else?</strong></p>\n<p>Our Benzinga team reported Lyft partially blamed $201.3 million in stock-based compensation and related payroll tax expenses, as well as restructuring charges related to its recent wave of layoffs for the earnings miss.</p>\n<p>Looking ahead, Lyft guided for first-quarter revenue of $975 million, up from $876 million a year ago but well short of analyst estimates of $1.09 billion...<em>Read More</em></p>\n<p>According to data from Benzinga Pro, Uber has a 52-week high of $38.65 and a 52-week low of $19.90.\r\n</p>\n</body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Uber Shares Are Falling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Uber Shares Are Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-11 03:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/23/02/30859193/why-uber-shares-are-falling><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uber Technologies Inc (NYSE:UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with Lyft Inc (NASDAQ:LYFT), who issued first-quarter revenue guidance below analyst...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/23/02/30859193/why-uber-shares-are-falling\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999015952.SGD","symbol_name":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/23/02/30859193/why-uber-shares-are-falling","article_id":"2310678979","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2310678979","pubTimestamp":1676057874,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Uber Technologies Inc (NYSE: UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with Lyft Inc (NASDAQ: LYFT), who issued first-quarter revenue guidance below analyst estimates.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","BK4536":"外卖概念","BK4503":"景林资产持仓","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","SG9999015978.USD":"利安颠覆性创新基金A","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4022":"陆运","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","LYFT":"Lyft, Inc.","BK4505":"高瓴资本持仓","UBER":"优步","BK4550":"红杉资本持仓"},"translate_title":"优步股价下跌的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBER":1,"LYFT":0.9},"content_text":"Uber Technologies Inc (NYSE:UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with Lyft Inc (NASDAQ:LYFT), who issued first-quarter revenue guidance below analyst estimates.\nSee Also: Hey, Lyft, Uber Has You Beat: 4 Analysts Discuss Weak Guidance, Q4 Earnings Miss\nWhat Else?\nOur Benzinga team reported Lyft partially blamed $201.3 million in stock-based compensation and related payroll tax expenses, as well as restructuring charges related to its recent wave of layoffs for the earnings miss.\nLooking ahead, Lyft guided for first-quarter revenue of $975 million, up from $876 million a year ago but well short of analyst estimates of $1.09 billion...Read More\nAccording to data from Benzinga Pro, Uber has a 52-week high of $38.65 and a 52-week low of $19.90.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9954160156,"gmtCreate":1676102032675,"gmtModify":1676102038346,"author":{"id":"4108708273197120","authorId":"4108708273197120","name":"Dodo198444","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"4108708273197120","authorIdStr":"4108708273197120"},"htmlText":"Where is the point ? Why uber fall ?. There is no connection between uber and lyft !!!!","listText":"Where is the point ? Why uber fall ?. There is no connection between uber and lyft !!!!","text":"Where is the point ? Why uber fall ?. There is no connection between uber and lyft !!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954160156","repostId":2310678979,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}