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HomeBusinessUber disappoints with weaker-than-expected third-quarter bookings and earnings forecast

Uber disappoints with weaker-than-expected third-quarter bookings and earnings forecast

Uber issued earnings forecast that fell short of consensus estimates while second-quarter profit was in line with expectations. On Wednesday, the company’s shares plummeted about 3. 5% after the release. According to LSEG, Uber sees bookings of $59. 25 billion at the middle of its range and. ..

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