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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Uber Shares Today?

Uber Dara Khosrowshahi NYSE Uber Technologies

Uber Technologies Inc (NYSE:UBER) shares are trading lower Monday following a report that CEO Dara Khosrowshahi is calling for cost cutting at the company.

According to a CNBC report, Khosrowshahi told employees in an email that Uber will cut back on spending to address a “seismic shift” in investor sentiment.

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