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Uber stock pops more than 10% on $7 billion share buyback - TL;DR CNBC

Uber stock pops more than 10% on $7 billion share buyback

Publishing timestamp: 2024-02-14 11:31:50


Summary

Uber's stock spiked after the company announced a $7 billion share buyback program, following strong fourth-quarter results. The CEO predicts sustainable, profitable growth for Uber in 2023.


Sentiment: POSITIVE

Tickers: UBER

Keywords: earningsbreaking news: technologybusiness newstechnologybusinessuber technologies incstock markets

Source: https://www.cnbc.com/2024/02/14/uber-stock-pops-more-than-10percent-on-7-billion-share-buyback.html


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