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

Uber shares soar after CEO says 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-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.

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