"Let's finally go to a company that if you live in New York City, you know pretty well – Uber. We're seeing shares of Uber down about 6% right now as we speak. This decline comes on the back of legal charges that ate into its third quarter profits, even though ride share and delivery trips soared. There's a clear scrutiny on how these legal issues are starting to impact the core profitability of the business."
The speaker draws attention to Uber (UB) which is experiencing a roughly 6% decline amid legal charges that have negatively impacted Q3 profits, despite strong performance in ride share and delivery segments. This commentary suggests concerns over short-term profit pressures from legal issues.
Palantir Falls, Novo Nordisk's Metsera Bid, Uber Sinks on 3Q Profits | Stock Movers
Stock Movers
November 4, 2025
Company Opinion