Uber Tumbles 6% as $43.5B Q3 Bookings Forecast Misses Estimates by $1.1B
Uber’s Q2 earnings beat was overshadowed by a Q3 gross bookings forecast of up to $43.5B, well below the $44.1B consensus. The 6% selloff erased roughly $10B in market value, signaling heightened investor sensitivity to slowing growth in the ride-hailing and delivery giant.
Source: proactiveinvestors.com · finance.yahoo.com