Uber posted a loss of over a billion dollars in the third quarter. The expiry of the employee lock-up period is just hours away fueling fears of an impending stock sell-off. Ride-hailing giant expects to become profitable in 24 months, the CEO says. Despite beating earnings estimates in its third-quarter results, shares of Uber Technologies […]
The post Uber Plunges 6% Premarket Before Anticipated Employee Stock Sell-Off appeared first on CCN.com
source https://www.ccn.com/uber-plunges-6-premarket-employee-stock-sell-off/
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