May 8, 2024, 5:41 PM
May 7, 2024, 9:53 PM

Uber Stock Plummets After Reporting Revenue Beat But Net Loss

Highlights
  • Uber reported revenue that exceeded expectations in the first quarter.
  • However, the company also posted a net loss, leading to a significant drop in its stock value.
  • Investors are concerned about Uber's financial performance despite beating revenue estimates.

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