Uber shares soar after CEO says has enough cash to ride out coronavirus crisis

Uber shares soar after CEO says has enough cash to ride out coronavirus crisis

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-health-coronavirus-uber/uber-shares-soar-after-ceo-says-has-enough-cash-to-ride-out-coronavirus-crisis-idUSKBN2162MN

Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.