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Barchart
Barchart
Faisal Humayun Khan

As Uber Buys SpotHero, Should You Buy, Sell, or Hold UBER Stock?

In the last 52 weeks, Uber Technologies (UBER) stock has remained largely sideways. While gross bookings and top-line growth have been healthy, there appears to be some concern related to autonomous vehicle technology and its potential impact on key margins.

However, this phase of weakness might be a good accumulation opportunity with ample positives on the horizon. In a recent development, Uber announced the acquisition of parking app SpotHero. 

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