Uber stock rises as UK ‘taxi tax’ kicks in; UBER investors eye February earnings
Uber shares rose 1.4% to $82.86 on Friday, with 6.8 million shares traded. The company rewrote UK driver contracts outside London to limit exposure to new VAT rules, the Guardian reported. Investors await the January 9 U.S. jobs report and Uber’s expected earnings in early February. Lyft gained 2.2%, while DoorDash fell 3.0%.