By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3.07 billion over last year’s same quarter. Uber Braces for $1 Billion Loss in First Quarter as a Public Company https://t.co/t00EHq7G8H — CCN.com (@CCNMarkets) May 27, 2019 It isn’t too late to short stock If you want to short Uber stock, time may be running out. Bears have gobbled up 70% of the short float, which skyrocketed from 13.6 million shares to 36
The post Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock appeared first on CCN
* First published on ccn.com
