Today we take a look at #UBER #Stock, which just reported earnings after the bell. The company is still struggling with its legacy Uber "taxi" ride business - as people are working from home more - and large cities like New York and San Francisco are still partially shut down. However, the companies Uber Eats division has been on fire - and for the most part made it a flat year in terms of revenue. However the question now is can the Uber Eats division remain hot as the reopening occurs in the United States? If that happens, you should see a really nice bounce in this companies revenue since the traditional ride sharing business will likely bounce back as well as the economy gets back to normal.
Uber Stock Analysis - Buy UBER Stock Now Ahead Of Transportation Recovery?
Today we take a look at #UBER #Stock, which just reported earnings after the bell. The company is still struggling with its legacy Uber "taxi" ride business - as people are working from home more - and large cities like New York and San Francisco are still partially shut down. However, the companies Uber Eats division has been on fire - and for the most part made it a flat year in terms of revenue. However the question now is can the Uber Eats division remain hot as the reopening occurs in the United States? If that happens, you should see a really nice bounce in this companies revenue since the traditional ride sharing business will likely bounce back as well as the economy gets back to normal.
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