Q3 2021 marked the first adjusted EBITDA-profitable quarter in Uber’s publicly traded history and the second in a row for Lyft.
Since Uber went public in May 2019, journalists and analysts have sharpened their skepticism regarding the viability of the company’s sweeping ambition and future-reliant success. A 23 percent drop in the company’s stock shares (as of August 19) and its second quarter loss of $5 billion, mostly due to stock-based compensation, cause investors to wonder […]
Today on FreightWaves Now, we take it to the Sierras and dig down with the “critical events” feature on our charts. Also, what is happening in the economy with housing starts, and should we be worried about Uber and Lyft’s rough start with their IPO?
