Uber stock popped nearly 10% on Wednesday: what happened?

Uber Technologies Inc (NYSE: UBER) is up close to 10% at writing after announcing ambitious target for the next three years.Details of Uber’s three-year targetsCopy link to sectionThe ride-hailing giant told investors in a presentation today that its gross bookings will grow at a compound annualised rate of about 15% to 18% over the next three years. $UBER also confirmed plans of opportunistically reinvesting in pursuit of longer-term growth and said free cash flow (FCF) as a percentage of EBITDA (adjusted) ...