#Uber is in focus after a growth-oriented investment strategy disclosed that it exited the stock in its Q3 letter.
The SEM U.S. Equity Large Cap Select Growth Strategy made the move while delivering stronger returns than the S&P 500. Uber closed near $68 with a market cap around $140 billion, and recent price action has been mixed relative to the longer-term decline.
Attention now turns to whether mobility bookings, delivery profitability, and free cash flow can rebuild confidence in the growth outlook.
$UBER $UBER.US #UBER #Stocks #Growth #CoinVahini
The SEM U.S. Equity Large Cap Select Growth Strategy made the move while delivering stronger returns than the S&P 500. Uber closed near $68 with a market cap around $140 billion, and recent price action has been mixed relative to the longer-term decline.
Attention now turns to whether mobility bookings, delivery profitability, and free cash flow can rebuild confidence in the growth outlook.
$UBER $UBER.US #UBER #Stocks #Growth #CoinVahini