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The Exchange 8/1/23

The Exchange

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Uber's Stock Is Down by Nearly 7% in the Pre-Market After Its Results Were Released

Uber's profitability has driven this stock ever since it's been public. It got it to that nearly $100 billion market cap, but its profitability is a little bit cloudy. That could be one reason, another reason could be that slowing top line growth. Could also be profit taking. This is a stock that's up about 100% year to date.

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