r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • Oct 25 '24

Earnings Thread Weekly Earnings thread 10/28 - 11/1

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u/dabay7788 Highly Regarded Nov 01 '24

Can someone tell me why UBER dumped?

They demolished their earnings no?

6

u/fuglysc Nov 01 '24

Bookings missed estimates

Uber will recover quickly...dump is over reaction...several analysts raised PT after earnings was released