Uber Stock Drops Despite Long-Term Growth
Update: 2025-12-10
Description
Ubers stock experienced a significant drop of 5.6% following Morgan Stanleys price target reduction from $115 to $110, despite still recommending buying the stock. The companys decision to discontinue monthly bonuses for electric vehicle drivers and increasing regulatory scrutiny in Europe further contributed to investor concern. Despite this, Ubers stock is still up over 31% this year and a $1000 investment five years ago would now be worth over $1500, indicating long-term growth.
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