Uber's Double Beat: Here's Why The Stock Still Fell (And Why I'm Raising My Target)

Core Insights - Uber Technologies, Inc. (UBER) reported a strong performance in Q3, but shares declined post-earnings due to a lighter guidance from the company [1] Financial Performance - The company demonstrated robust financial results in the third quarter, indicating continued growth and operational strength [1] Market Reaction - Despite the strong performance, the stock experienced a drop in trading, suggesting that investor sentiment was influenced by the company's cautious outlook [1]