Uber Stock Falters Despite Quarterly Win, Upbeat Forecast

Uber Technologies Inc (NYSE:UBER) is brushing off a top- and bottom-line beat for the fourth quarter, last seen down 1.9% at $69.10. Uber also issued an upbeat current-quarter forecast amid stronger demand for its ride sharing and food delivery services, and had its first full-year operating profit as a listed company.Though the shares are now on track to snap a four-day win streak, they are up 98% in the last 12 months, and early in the session notched an all-time high of $70.68. The equity also relies on ...