Uber shares slump 6% as Belgium orders partial service shutdown
- BySeeking Alpha-
Uber shares fell almost 6%, Friday, after a court ruled that the company must shut down most of its ride-hailing operations in Belgium.
Uber shares fell almost 6%, Friday, after a court ruled that the company must shut down most of its ride-hailing operations in Belgium.
By Dhirendra TripathiInvesting.com – Uber stock (NYSE:UBER) fell 6.3% on Friday as the emergence of a new variant of coronavirus in South Africa led to fears of fresh curbs on...
Uber has been ordered to stop offering its main ride-hailing service in the Belgian capital of Brussels from Friday.
Ride-sharing giant Uber is set to stop operating in the capital of Belgium from today following a recent court order.
I am bullish on Uber (UBER). That is not a popular statement nowadays. The company suffers from weak profitability and high cash burn. Not to mention its investment in China's...
I am neutral on Uber Technologies (UBER), as the company’s powerful competitive advantages, strong growth momentum, and overwhelming backing from Wall Street analysts are offset by...
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services and other forms of transportation services, including public transit, as well as connect riders and other consumers with restaurants, grocers, other stores, and delivery service providers for meal preparation, grocery, and other delivery services. The company operates through four segments: Mobility, Delivery, Freight, and Advanced Technologies Group (ATG) and Other Technology Programs. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers Uber for Business, financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered, as well as offers grocery and convenience store delivery, and select other goods. The Freight segment connects carriers with shippers on the company’s platform and enable carriers upfront, transparent pricing, and the ability to book a shipment. The ATG and Other Technology Programs segment engages in the development and commercialization of autonomous vehicle and ridesharing technologies, as well as Uber Elevate. It has a partnership with DriverDO LLC that allows automotive software companies to offer vehicle logistics and personal mobility. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Neutral | Sell | Strong Sell | Sell |
| Technical Indicators | Strong Buy | Buy | Strong Sell | Strong Sell | Strong Sell |
| Summary | Strong Buy | Neutral | Strong Sell | Strong Sell | Strong Sell |
Name | Last | High | Low | Chg. | Chg. % | Vol. | Time | ||
|---|---|---|---|---|---|---|---|---|---|
| 132.20 | 132.80 | 130.20 | +1.40 | +1.07% | 1.21M | Philippines | |||
| 3,400.00 | 3,524.00 | 3,400.00 | -100.00 | -2.86% | 85.69K | Philippines | |||
| 4.65 | 4.65 | 4.65 | +0.050 | +1.09% | 1.00K | Philippines | |||
| 36.60 | 37.00 | 36.20 | -0.450 | -1.21% | 14.08M | Philippines | |||
| 874.00 | 884.50 | 866.00 | -10.00 | -1.13% | 208.10K | Philippines | |||
| 17.20 | 17.20 | 16.60 | +0.400 | +2.38% | 59.60K | Philippines | |||
| 90.40 | 93.00 | 90.10 | -2.60 | -2.80% | 670.00 | Philippines | |||
| 243.80 | 244.80 | 241.40 | -1.60 | -0.65% | 357.87K | Philippines | |||
| 13.70 | 13.90 | 13.66 | -0.040 | -0.29% | 161.60K | Philippines | |||
| 18.76 | 19.00 | 18.68 | -0.240 | -1.26% | 1.80M | Philippines | |||
| 294.00 | 300.40 | 294.00 | -7.00 | -2.33% | 169.21K | Philippines | |||
| 36.20 | 37.00 | 36.00 | -0.900 | -2.43% | 14.95M | Philippines | |||
| 1.67 | 1.69 | 1.66 | 0.000 | 0.00% | 510.00K | Philippines | |||
| 13.92 | 14.06 | 13.90 | -0.040 | -0.29% | 603.20K | Philippines | |||
| 3.14 | 3.31 | 3.14 | -0.160 | -4.85% | 46.94M | Philippines |