Can Uber stock reach $100 in 2024?

In 2023, ride-hailing platform Uber (NYSE: UBER) experienced a significant milestone as its stock price more than doubled. This surge was propelled by various factors during the post-pandemic recovery, driven by increased investor confidence.The company’s strategic expansion into new markets and introducing new product lines also played a pivotal role in solidifying its position in the ride-hailing sector.The stock has reached a new record high, and investors are closely monitoring whether it can reach the ...