https://wccftech.com/uber-nyse-uber-soars-over-40-percent-on-assurances-of-possessing-ample-liquidity-to-sail-through-the-coronavirus-covid-19-pandemic/ > Uber (NYSE:UBER) saw its share price jump by a whopping 40 percent on Thursday as the company pronounced during an impromptu investor call that it has sufficient cash-on-hand to pull through the marked decline in its core ridesharing business amid the expanding lockdowns and quarantines instituted to combat the coronavirus (COVID-19) epidemic. > Uber CEO Dara Khosrowshahi conceded that the company’s ride-hailing segment has witnessed a 60 to 70 percent decline in business activity in areas that have been hit particularly hard by the ongoing coronavirus pandemic. He went on to note that: