Uber Technologies, Inc. (UBER)

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Uber Technologies Inc Profile

Uber Technologies Inc. (UBER) is an American technology company headquartered in San Francisco, USA. Its services include ride-hailing, food delivery, package delivery, couriers, freight transportation, electric bicycle, and motorized scooter rental. Uber Technologies Inc. (UBER) has a market cap of $91.12B (USD) and it is traded on the New York Stock Exchange (NYSE), Russell 1000 Index component that tracks the highest-ranking 1,000 stocks and its share prices in the Russell 3000 Index. Following the IPO (Initial Public Offering) in May 2019, UBER’s share price dropped 11% resulting in the biggest IPO first-day dollar loss in US history. The company has fired 7535 employees and announced a $12B (USD) loss in the last two years. Since December 2020, UBER’s share price seems to be getting back on track following the company’s collaboration with Greenwall pharmacies for facilitating vaccination appointments through its app and for offering free vaccine deliveries. In April, UBER announced an expansion of its food-delivery sector to accommodate a vaccinated public.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:00
Mon
09:30-16:00
Tue
09:30-16:00
Wed
09:30-16:00
Thu
09:30-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 12708

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