NYSE:UBERTransportation
Uber (UBER): Assessing Valuation After Recent Share Price Pullback
Uber Technologies (UBER) has been on a choppy ride lately, with the stock slipping around 3 % over the past month and roughly 17 % in the past 3 months despite solid long term returns.
See our latest analysis for Uber Technologies.
The recent pullback comes after a strong run, with the share price still up solidly year to date and backed by a robust 1 year and 3 year total shareholder return. This suggests long term momentum rather than a structural breakdown in the story.
If Uber’s moves...