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Uber's strong Q3 results drove shares up 2.2% to $87.58 amid record revenue and earnings.
Uber shares rose 2.2% to $87.58 on Friday after reporting strong Q3 earnings, with $3.11 in earnings per share and $13.47 billion in revenue, both well above expectations.
The company saw 20.4% year-over-year revenue growth, a 33.54% net margin, and a 68.17% return on equity.
Institutional investors, including Norges Bank and Scotia Capital, increased their stakes, while insiders sold shares totaling $55.39 million over three months.
Analysts maintain a "Moderate Buy" consensus with a $108.26 target.
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Los sólidos resultados del tercer trimestre de Uber llevaron a las acciones a subir un 2,2% a $ 87,58 en medio de ingresos y ganancias récord.