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Uber, Lyft Revenues Drop By Staggering 50% Due To Coronavirus Outbreak
Article By: Tyler Durden
Thursday, April 2, 2020 9:02 PM EDT
The one-time IPO darlings of yesteryear are about to take another beating.
In this article: LYFT, UBER
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Stocks Rally On March 30, But Caution Is Still Needed
Article By: Michael J. Kramer
Monday, March 30, 2020 8:40 PM EDT
The Dallas Fed reported its manufacturing index for March, and it was the worsts reading on record going back to 2004.
In this article: AMZN, OIL, VIX, SPX, AAPL, FB, UBER
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Avoid Bad ROIC Stocks In Risk-Off Markets
Article By: David Trainer
Monday, March 30, 2020 9:18 AM EDT
Investors should avoid stocks for companies with low (and falling) ROICs.
In this article: EB, UBER
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Uber Upgraded To Overweight From Equal Weight At Wells Fargo
Article By: The Fly
Friday, March 20, 2020 7:01 AM EDT
Wells Fargo analyst Brian Fitzgerald upgraded Uber Technologies to Overweight from Equal Weight with a price target of $41, down from $45.
In this article: UBER
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Lyft, Uber Suspend Shared Rides To Limit Spread Of Coronavirus
Article By: Benzinga
Tuesday, March 17, 2020 1:24 PM EDT
Both Lyft Inc and Uber Technologies suspended shared rides on Tuesday in order to slow the spread of the novel coronavirus (COVID-19).
In this article: LYFT, UBER
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Uber, Lyft Revenues Drop By Staggering 50% Due To Coronavirus Outbreak
Bruce Powers 4/3/2020 5:55:55 AM

Considering that many companies are now at 0%, this is actually surprisingly good news for $UBER and $LYFT. Plus that 50% decrease does not include the additional 50% increase in Uber’s food delivery segment.

Kalanick Set To Liquidate Entire Uber Stake After $2.5 Billion Dump
Jack F. Dawson 12/25/2019 11:53:15 PM

Travis Kalanick didn't sell a single share until the all time low of #Uber's stock which was the day of the lockup. That graph makes it look like he started selling before it crashed to all time lows. It is incredibly misleading. $UBER stock is up ALMOST 20% since Travis Kalanick sold his first share.

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