UBER Soars 55% YTD: How Should Investors Play the Stock Now?
Key Takeaways UBER shares have jumped nearly 55% YTD, outpacing the Internet-Services industry and rival Lyft.Gross bookings rose in the double-digits in both mobility and delivery, with Q3 growth expectation of 17-21%.A new Flytrex drone partnership and a $20B buyback show UBER's growth drive despite valuation risks.Despite tariff-related uncertainties, shares of Uber Technologies (UBER) have gained 54.9% so far this year. As a result of this upbeat performance, UBER’s shares have handily outperformed the ...