UBER - Still under $45 IPO PriceCheck out our previous $Uber posts for more in depth analysis.
This is just your quarterly reminder that:
1. Uber is surviving the pandemic
2. Uber Eats thrived during the pandemic
3. Uber just won its appeal against the London ban
4. Uber is still below is $45 IPO price from over a year ago
We're in this one overall for the long haul, but we love to swing trade here and there. $29 was a beautiful entry if you see our last Uber posts. We also liked the recent bounce off the 200 MA at $33 area.
Shoot us a like and follow and we'll be back with some updates.
Cheers!
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