Uber Stock Rises as Ride-Hailing Giant Hints at Third-Quarter Profitability

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Updated Sept. 21, 2021 9:41 americium ET / Original Sept. 21, 2021 7:33 americium ET

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Shares of Uber Technologies were rising sharply Tuesday aft the app-based ride-share and transportation institution said it could crook a nett successful the 3rd quarter.

In an 8-K filing posted Tuesday, Uber (ticker: UBER) said adjusted net earlier interest, taxes and depreciation could scope from a nonaccomplishment of $25 cardinal to a nett of $25 million, amended than erstwhile guidance “of a nonaccomplishment of $100 million.” The institution cited “improvements successful some mobility and delivery.”


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