UBER Stock Down 7.5% Despite Q4 Earnings Beat: Here's How to Play It

On Feb. 5, San Francisco, CA-based Uber Technologies (UBER) , which provides ride-hailing, food delivery and freight (leasing vehicles to third parties) services through its Mobility, Delivery, and Freight segments, respectively, released impressive fourth-quarter 2024 results. The top and bottom lines beat expectations and rose from the corresponding quarter of 2023. Uber’s full-year 2024 revenues grew 18% to $44 billionSee the Zacks Earnings Calendar to stay ahead of market-making news.The stock, however, ...