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UBER News and Press, Uber Technologies Inc. From 10/14/22

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Company Name: Uber Technologies Inc.
Stock Symbol: UBER
Market: NYSE
Website: uber.com

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UBER - Uber Technologies Stock: Bear vs. Bull

Uber Technologies ' (NYSE: UBER) stock price plunged 10% on Oct. 11 after the U.S. Labor Department unveiled a new proposal that will force employers to reclassify some independent contractors -- including janitors, construction workers, delivery workers, and ride-share drivers -- a...

UBER - Cell Tower REITs: 5G's Killer App

Summary Cell Tower REITs have been slammed harder than any property sector over the past three months, weighed down by tech-related weakness and disruptive threats to the long-term competitive positioning. Concerns over emerging - and potentially competing - satellite technologies...

UBER - Why Uber Stock Was Down 10.42% in Tuesday Trading

On October 11, Uber stocks fell 10.42%, and the day’s trading session ended with Uber Technologies Inc.’s ( NYSE:UBER ) stock priced at 24.66 per share. The steep drop might be attributed to the new labor restrictions that the Biden administration suggested a...

UBER - Lyft Stock Bounces Back 4% on Analyst Optimism

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Against a discouraging legal backdrop, Lyft (NASDAQ: LYFT ) gained 4% on Wednesday morning before shooting up 7% in the afternoon session. Although a White House proposal to reclassify independent contractors — o...

UBER - Wall Street Breakfast: Britannia Blunder

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: Britannia Blunder

UBER - Why did Uber shares fall 10% Tuesday? A Biden Administration proposal cuts deep

Uber ( NYSE: UBER ) was left by the curb, Tuesday, as investors drove the ride-sharing giant's shares tumbled more than 10% due to uncertainty over potential changes in the employment status of the company's drivers. At issue was a proposal from the Biden Administration ...

UBER - A Reason for Today's Drop In Uber Stock

Uber ( NYSE:UBER ) As of 11:06 a.m. Eastern Time on Tuesday, Uber ( NYSE:UBER ) stock price was down 9%. The U.S. Department of Labor’s proposed rule change would essentially turn certain independent contractors into full-fledged employees of ridesharing businesses. Bec...

UBER - Why Is UBER Stock Down 8% Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Among today’s relatively broad move higher across most indices, certain stocks are not participating in this upside. Among today’s biggest losers is ride hailing company  Uber  (NYSE: UBER ), down ...

UBER - Labor Department to issue new rules on independent contractors

Oct. 11 (UPI) -- The U.S. Department of Labor will introduce guidance on which workers are employees and which are independent contractors under the Fair Labor Standards Act. In a news release , the Department of Labor said it would introduce the proposed rule on Oct. 13, statin...

UBER - Why are Uber shares trending down on Tuesday?

Uber Technologies Inc ( NYSE: UBER ) is in focus this morning after the U.S. Department of Labour proposed a new rule that “could” disable it from classifying its gig workers as independent contractors. Why is it a bad thing for Uber shares? If adopted, the pro...

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