Uber's Q4 Earnings Beat, Bookings Miss
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Uber Stock Technical RatingsInvestor's Business Daily
•Business
Business & Economics
Uber stock is down 6.1% in premarket action as the ride-hailing giant releases Q4 results
81% Informative
Uber Technologies (UBER) stock was lower early Wednesday morning .
The ride-hailing and food delivery company's fourth quarter earnings and sales forecast was slightly below views.
Uber blamed a " 5.5 percentage point currency headwind" to total reported Yo-year growth.
Uber stock gained 3.6% Tuesday to close above its 200-day moving average for the first time since December .
BofA Securities analyst Justin Post rates Uber a buy with a price objective of 93 .
Uber stock's Relative Strength Rating is just 32 out of a best-possible 99 , according to IBD Stock Checkup .
That's an improvement, however, from lows near 20 to start the year .
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5
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2
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