Uber reports 18% revenue decline but says ride-hailing business is picking back up

Uber shares dropped as much as 4% after-hours Thursday as the company reported third quarter revenue that missed Wall Street’s expectations, but picked up during the company’s earnings call when the CEO said there are early signs its core ride-hailing business would fully recover from the Covid 19 pandemic.
Read more: https://www.cnbc.com/2020/11/05/uber-earnings-q3-2020.html?source=Snapzu