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Uber shares slip as third-quarter earnings outlook disappoints investors
InvestorsHub52d agoneutral
Uber shares slip as third-quarter earnings outlook disappoints investors

Uber Technologies (NYSE:UBER) traded lower in pre-market trading on Wednesday after issuing third-quarter earnings guidance that came in below Wall Street expectations, despite reporting solid second-quarter operating performance. The weaker outlook overshadowed stronger-than-expected gross bookings during the latest quarter and renewed investor focus on the company’s investment plans.