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Business
Leo Miller

Uber’s $20B Buyback Could Spark a Trend—2 Stocks Already on Board

Uber Roku LSEG MarketBeat

Uber Technologies (NYSE: UBER), the world’s leader in ride-sharing, just announced financial results that elicited a mixed reaction from market participants. However, Uber left no room for interpretation regarding its feelings.

The company announced a new $20 billion buyback authorization, showing that it is confident in its future positioning.

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