Uber shares drop 4% after it loses more money than expected in Q2

TechCrunch
By Kirsten KorosecAug 6, 2020, 5:01 pm82 pts
Today after the bell, American ride-hailing giant Uber released its second quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially-preceding period (Q1 2020). Investors had anticipated Uber’s declines due to COVID-19, and the company had spent time…

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