Why Uber Stock Climbed Today
Shares of Uber Technologies (NYSE: UBER) jumped in the regular trading session on Thursday after a better-than-expected earnings report from rival Lyft (NASDAQ: LYFT). The numbers encouraged Uber investors ahead of the ridesharing giant's earnings report that came out after hours today.
Uber finished today up 11.2%; Lyft finished up 21.7%.
The Uber app. Image source: Uber.
Source Fool.com