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Uber bets on holiday travel demand to forecast strong fourth quarter

Por: Fox Business Business November 07, 2023

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Evercore ISI senior managing director Mark Mahaney explains his Chewy downgrade and why investors should be adding Uber to their portfolios on 'Varney & Co.'  forecast fourth-quarter adjusted core profit and gross bookings above market expectations on Tuesday, betting that the holiday season would boost demand for its ride-hailing and food-delivery services. It, however, missed Wall Street's profit target for the July-September... + full article



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