TickerBrief

UBER · Uber Technologies, Inc.

Uber Technologies Inc UBER

Operates a ride-hailing, food-delivery, and freight-logistics platform connecting riders, drivers, and merchants.

Industry
Road & Rail
Listed on
New York Stock Exchange
IPO
2019-05-10
Website
uber.com

Daily brief

Uber rises after CEO Khosrowshahi's $10 million insider stock purchase

+2.08% to $72.56 from $71.08

What moved UBER

  • CEO Dara Khosrowshahi purchased about 141,000 shares of Uber common stock, worth roughly $10 million, according to a filing with the Securities and Exchange Commission.
  • After the purchase, Khosrowshahi directly holds about 1,367,100 Uber shares.
  • The buy follows a $5.3 million stock purchase by President and Chief Operating Officer Andrew Macdonald on September 4.

Sources: MarketBeat · Investing.com

Daily brief

Uber shares fall despite record free cash flow as guidance disappoints

-5.29% to $68.18 from $71.99

What moved UBER

  • Adjusted EPS of $0.81 came in roughly in line with estimates, while revenue of $14.19 billion was just below the $14.22 billion estimate.
  • Gross bookings rose 22% year-over-year to more than $58 billion, above the top end of guidance.
  • Trailing 12-month free cash flow topped $10 billion for the first time.
  • Shares declined after forward guidance disappointed investors despite the operational beat.

Sources: CNBC · BigGo Finance · Benzinga

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