Uber’s strong second quarter drove up its rivals’ stocks, but as DoubleLJSquared explains, that may be premature WSJWhatsNow
Ride-share company’s strong second-quarter commentary drives up competitors’ stocks, perhaps prematurely
After enduring the pandemic, ride-share companies like Uber and Lyft are now facing a new world of high inflation, driver shortages, and dwindling passenger numbers. WSJ’s George Downs explains what they’re doing to try and survive. Illustration: George Downson Tuesday, announcing its first ever quarter of positive free cash flow.
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