Uber shares slide on mixed second quarter results, weak guidance

Uber Technologies Inc.’s shares declined by 5.3% today after it posted mixed earnings and disappointing guidance. The ride-hailing giant’s revenue grew 12% in the second quarter to $14.19 billion. That’s about $50 million less than what analysts had expected. By contrast, Uber’s gross bookings, a metric that tracks the total value of customer purchases on […] The post Uber shares slide on mixed second quarter results, weak guidance appeared first on SiliconANGLE.