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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Uber Technologies Inc | NYSE:UBER | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.07 | 2.94% | 72.50 | 33,775 | 09:49:50 |
From May 2019 to May 2024
By Michael Dabaie
Uber Technologies Inc. (UBER) shares rose 5% to $36.97 in midday trading.
Morgan Stanley named the ride-hailing company as its 2020 top U.S. Internet pick.
Morgan Stanley in its 2020 U.S. Internet outlook said there is a still-long runway for ride-sharing and profitability is improving for Uber's rides and Eats food delivery service.
Morgan Stanley said Uber trades 10% below its valuation for ride-sharing alone.
Ride-share company Lyft Inc. (LYFT) was up about 4% to $48.24.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 21, 2020 12:44 ET (17:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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