Ride-hailing company delivery operation Uber (UBER) made a name for itself before the pandemic started. It may have shifted around a bit, but it built on that name during the pandemic as well. Now, with the post-pandemic period kicking in, and people going out again, Uber finds itself at a crossroads. New reports suggest that it's planning to refocus its operations to address a “seismic shift” among investors. With Uber down 3% in premarket trading on Monday — and those losses periodically getting worse in the morning's trading session — it's clear something needs to be done.
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Uber Technologies (NYSE:UBER)
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