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Uber plunges into stock market after losing $ 1.8 billion in second quarter

2020-08-06T20:43:25.996Z

The leader in VTC saw its turnover fall by 29% under the effect of the pandemic.Uber was heavily penalized this Thursday night on Wall Street, after reporting a loss of $ 1.8 billion in the second quarter, and revenue plummeting due to the pandemic. Read also: Uber, number one in meal delivery in the United States The stock lost as much as 5.04% shortly before 8:30 p.m. GMT in after-market electronic trading. The loss recorded by the world leader in the reservation of passe...



Uber was heavily penalized this Thursday night on Wall Street, after reporting a loss of $ 1.8 billion in the second quarter, and revenue plummeting due to the pandemic.

Read also: Uber, number one in meal delivery in the United States

The stock lost as much as 5.04% shortly before 8:30 p.m. GMT in after-market electronic trading. The loss recorded by the world leader in the reservation of passenger cars with driver (VTC) is however a little less than the two billion expected by analysts. Turnover has plunged 29% under the effect of the pandemic.

Source: lefigaro

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