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Uber stock plunges 12% on $5.24 billion quarterly loss

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Uberserge
1300 Rider Driver
 Posted 5 years, 2 months ago

As promised couple of days ago, here it is, they managed to lose 5.24 billion dollars in one quarter.



Comments

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    lionfool
    236 Rider Driver
     5 years ago

    This should surprise no one. This company is burning cash like it's going out of style. Always has. maybe always will.

    That's a no from me dawg.

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    outlandish
    205 Rider Driver
     5 years ago

    Look at the bright side, I guess now is the time to buy.

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      Uberserge
      OP 1300 Rider Driver
       5 years ago

      Just because it's cheaper, doesn't mean it's a good but. Heard of never catch a falling knife? I have to say show me the money before I buy UBER.

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    chawes
    756 Rider Guru
     5 years ago

    Amazing. Even worse than predicted.

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      Uberserge
      OP 1300 Rider Driver
       5 years ago

      Remember the forecast I posted last week?

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        chawes
        756 Rider Guru
         5 years ago

        Yep. 4.96B right? It just amazes me that a company can lose that much cash in a quarter.

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          Uberserge
          OP 1300 Rider Driver
           5 years ago

          Easy to do if you sell a 50 cent burger for a nickel. 😆