Shares of the American ride-hailing giant Uber (NYSE: UBER) extend the gains and surged another 6% on Wednesday after the company delivered stronger-than-expected financial results for the fourth quarter. Revenue and earnings came in above consensus estimates driven by growth in gross bookings and an increase in demand for the airport and office rides. Meanwhile, Uber rival Lyft shares ended 6% lower; the company is scheduled to report results on Thursday.
So UBER now Buy, Sell, Hold? here is the answer - https://gulfbrokers.com/en/ride-hailing-giant-uber-delivers-strong-quarter