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Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary
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1 Articles
Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary
Uber shares fell 3.4% to $71.01 in late after-hours trading Wednesday, pressured by a sharp drop in rival Lyft after weak ride metrics. Uber and Baidu said Apollo Go autonomous ride-hailing will launch on Uber’s app in Dubai within a month. Lyft shares dropped 13%. Uber also agreed to buy Getir’s Türkiye food delivery business for $335 million. The post Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep tr…
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