Why Uber Stock’s Earnings Fluke Shouldn’t Fool You

Uber’s stock rallied after a better than expected fourth-quarter result and optimistic guidance. Management projects EBITDA profitability in the full year of 2021. Investors shouldn’t let those optimistic projections distract them from the company’s massive and unsustainable losses in the present. Uber (NYSE: UBER) shocked the market with better-than-expected fourth-quarter earnings and guidance. The cutting-edge […]

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