Uber stock slips as NYC forces 10% tip prompt on Uber Eats orders; focus turns to Feb. 4 earnings
Uber shares fell 0.4% to $81.98 Monday after New York City’s new tipping rules for delivery apps took effect. DoorDash, Uber, and Instacart failed to block the regulations in court and plan to appeal. The rules require a tip prompt at checkout and ban hidden or delayed tipping options. Investors await Uber’s Feb. 4 earnings for signs of regulatory impact on delivery demand and costs.