Uber’s New Roadmap to Profitability Draws Wall Street Praise
Uber shares, which were down almost 50% percent at the end of last year from its public launch, jumped 7% in trade before the bell as investors were also smitten by the company’s aggressive plan to cut costs. Chief Executive Officer Dara Khosrowshahi is also aiming to bring in more repeat-customer business and try to increase use of premium …
News story posted on 2020-02-07T15:14:00.0000000Z
