Surprise surprise. We’ve got another set of disappointing Q3 tech earnings.
The latest culprit? Uber.
The ride hailing platform saw its stock crater nearly 11% by midday on Thursday, following the company releasing guidance that suggests that momentum may be slowing in the company’s growth, with the guidance failing to meet analyst expectations.
Lets dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Market Moving: The Elements of the Venture Exchange’s Ongoing Resurgence
The TSX Venture Exchange is the largest regulated venture-stage equities exchange in the world. Those...