Why Uber stock is falling today after Uber earnings? Weak profit outlook and higher taxes disappoints investors despite booming ride demand
- Posted on February 4, 2026
- By Business News Today
- 3 Views
Why Uber stock is falling today after Uber earnings? Weak profit outlook and higher taxes disappoints investors despite booming ride demand
Uber stock fell over 5% after reporting weaker-than-expected earnings and a cautious profit outlook, primarily due to higher taxes and a shift towards affordable ride options amidst strong demand for its services.
