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Barchart
Barchart
Sohini Mondal

Is Uber Technologies Stock Underperforming the Nasdaq?

Uber Uber Technologies NOW

With a market cap of $149.9 billion, San Francisco, California-based Uber Technologies, Inc. (UBER) is a global technology company operating across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region. The company operates through three segments: Mobility; Delivery; and Freight, offering services that range from ride-hailing and micromobility to food, grocery, and package delivery.

Companies valued over $10 billion are typically referred to as “large-cap” stocks, Uber Technologies fits right into that category.  Its platforms also support digital logistics and freight transportation by connecting shippers and carriers through an end-to-end marketplace.

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