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-0.000839471574735123 0.00168525496582151 -0.0103071961018222 -0.00620451547341779 -0.0122007410072397 -0.0459689584871839 -0.039972732953362 -0.0336609166019706
Stock impact report

Uber: Safety, Growth, Disrupted Price [Seeking Alpha]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryThe rides business is dropping dramatically as people stay at home due to the coronavirus lockdown.Its huge cash position protects the company from temporary shocks.The fundamental long-term business will continue its expansion as soon as the virus threat disappears.Uber (UBERThe coronavirus crisis caused some industries to freeze their operations, so their stock prices plummeted to unjustified lows. It is undeniable that the strong balance sheet companies would be winners in the long run, while leveraged, weak balance sheet companies might go out, giving their industry stake to better-positioned competitors. At the same time, the investors of these companies will win twice, since they are paying lower prices for these winning companies.Uber price fell considerably during the last month, after the coronavirus outbreak. The stock price dropped by about 40%.Data from Superfly indicate that Uber's rides demand in the US has decreased by 94%. The CEO of the company said that in an Show less Read more
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