Fool.com contributor Parkev Tatevosian discusses the big improvement Uber (UBER 5.06%) made in its latest quarter.
*Stock prices used were the afternoon prices of Aug. 5, 2023. The video was published on Aug. 7, 2023.
Uber Shocks Investors With Surprise Profit
By Parkev Tatevosian, CFA – Aug 7, 2023 at 7:07PM
NYSE: UBER
Uber Technologies
Market Cap
$197B
Today's Change
(-5.06%) $5.05
Current Price
$94.67
Price as of November 4, 2025 at 4:00 PM ET
Uber has long struggled to turn a profit, but the company turned a corner.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.