Uber picks up speed as growth, profitability increase in Q2

3 hours ago 1
Uber car waiting for customer

MOZCO Mateusz Szymanski

Uber (NYSE:UBER) shares continue to struggle for direction as solid second quarter results initially failed to impress Wall Street despite a beat on the top-line and a 34% improvement in profitability.

The company also announced an additional $20B stock buyback program.

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