Mr Joy's round-up – make your play in the Game of Logistics
Time to hit it out of the park… or cop a hospital pass
Below is the headline story for Uber Technologies following its third-quarter (Q3) trading update released on Monday.
If that round of publicity was not bad enough, other metrics didn’t point to a success story (although the shares fell only about 5% in after-hours trade, so “tumble” seemed a bit harsh), but it narrowed its negative ebitda guidance, which was mildly more encouraging than previously.
“We are improving our full year adjusted ebitda guidance by $250m to a loss of $2.8-2.9bn,” said chief ...
Comment on this article