Uber, Lyft can raise prices to profit - Barclays [Seeking Alpha]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Seeking Alpha
| On the Move Uber, Lyft can raise prices to profit - Barclays Dec. 10, 2019 3:51 PM ET Uber nologies, Inc. (UBER) Brandy Betz Barclays analysts say +0.9% LYFT -0.5% The group of analysts cites a Barclays analysis of about 2.4B taxi and ride-hailing trips in NYC and how raising prices affected the number of rides. The introduction of a congestion tax in the city provided a natural experiment for the price elasticity of demand. Barclays says the companies can raise prices to achieve a profit with only a small impact on volumes, which disproves "a key piece of the bear case." See all stocks on the move » Now read: Uber / Lyft Ridehailing Growth Is Slowing In NYC » Try PREMIUM
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UBER
News
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- How to Age Fingernails, and Other Tips From a Movie Makeup Book [The New York Times]The New York Times
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- Uber Technologies (UBER) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
UBER
Earnings
- 2/7/24 - Beat
UBER
Sec Filings
- 4/23/24 - Form DEFA14A
- 4/19/24 - Form PX14A6G
- 4/18/24 - Form 4
- UBER's page on the SEC website