Uber stock price slips after AV Labs launch as Stifel trims target on robotaxi risk
Uber shares fell 0.9% to $81.24 Tuesday after the company launched AV Labs to accelerate autonomous vehicle development and faced new legal and regulatory pressures. An Amsterdam court ruled Uber drivers can be treated as self-employed, reversing a 2021 decision. Lyft dropped 2.4%. Uber’s Q4 earnings call is scheduled for February 4.