Uber stock down 2% into weekend as Bank of America Securities trims target ahead of Feb. 4 earnings

Uber shares ended Friday down 2.0%, closing at $80.05 as the U.S. markets went dark for the weekend. Lyft dropped roughly 5%, while DoorDash slipped around 1.5%.

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Uber stock price drops after NYC orders $3.5 million Uber Eats payout, robotaxi deals stay in focus

Uber stock price drops after NYC orders $3.5 million Uber Eats payout, robotaxi deals stay in focus

Shares of Uber Technologies, Inc. dropped 2.2% to $79.88 on Friday after New York City announced that its Uber Eats unit agreed to pay roughly $3.5 million in restitution and penalties related to delivery worker pay.According to Mayor Zohran Mamdani’s office, Uber Eats will shell out $3.15 million in restitution to over 48,000 workers, plus $350,000 in civil penalties and fees. The company will also reinstate up to 10,000 workers who were wrongfully deactivated.The city’s probe, spanning December 2023 through September 2024, prompted a minimum pay rate increase to $22.13 starting April 1.
Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

Uber Technologies shares edged down Friday after a federal judge dismissed Uber and DoorDash’s bid to block New York City’s tipping laws for food-delivery apps. Uber slipped 0.1% to $82.45 in early afternoon trading. The companies had pushed for a preliminary injunction to halt rules mandating a tip option at checkout, including a suggested minimum 10% tip. But Judge George Daniels ruled the regulations “advance the city’s goals of enhancing cost transparency at the time of checkout.”
Uber stock slides as KeyBanc trims target — and a new Israel push lands on traders’ screens

Uber stock slides as KeyBanc trims target — and a new Israel push lands on traders’ screens

Uber Technologies shares slipped roughly 2% on Tuesday as U.S. stocks tumbled amid fresh tariff threats from President Donald Trump, pushing investors toward risk aversion. The stock dropped $1.67 to $83.18 in early afternoon trading, after hitting a low of $82.38. Meanwhile, the SPDR S&P 500 ETF and Invesco QQQ each fell about 1.5%. Wasif Latif, chief investment officer at Sarmaya Partners, described it as a “pretty significant risk off day.”