Uber Stock Stumbles After Dismal Bookings Figures

Uber Technologies Inc (NYSE:UBER) stock is 9.3% lower at $72.03 after earnings. The ride-sharing company's third-quarter earnings per share of$1.20 and $11.19 billion in revenue trounced analysts' estimates, but the reported$40.97 billion in gross bookings was well below the $41.25 billion estimates, which is dragging shares this morning.In the options pits, 50,000 calls and 70,000 puts have been traded so far today, triple the average intraday volume. Most popular by far is the December 65 put, followed ...