Uber Stock Endures $12 Billion Selloff On Nauseating Post-Earnings Ride

ToplineUber stock flailed Wednesday after the company reported a surprise quarterly loss, throwing a wrench in Wall Street’s celebration of the ride-hailing firm’s move to profitability.Uber CEO Dara Khosrowshahi said the surprise loss had "nothing" to do with normal operations.Getty Images for Concordia Summit Key FactsShares of Uber are on track to suffer their worst daily percentage loss since Oct. 2022, falling 8% to $65 per share shortly after market open, which would be their lowest intraday level sin ...