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Rideshare Stock Slips on Q1 Revenue Miss
UBERUber(UBER) Schaeffers Investment Research·2025-05-07 15:17

Rideshare stock Uber Technologies Inc (NYSE:UBER) is down 1.4% at 84.65atlastglance,afterthecompany′smixedfirst−quarterresults.Earningsof83centpersharebeattheZacksResearchestimateof51centspershare,whilerevenueof 84.65 at last glance, after the company's mixed first-quarter results. Earnings of 83 cent per share beat the Zacks Research estimate of 51 cents per share, while revenue of 11.53 billion slightly missed expectations. Today's drop has UBER looking to snap a three-day win streak. The stock hovered around 86.50atitshighsduringthelasttwosessions,butfailedtoextenditsOct.11recordhighof86.50 at its highs during the last two sessions, but failed to extend its Oct. 11 record high of 87. Today, former pressure at the $80 le ...