HomeLifestyleTravel & LeisureUBER, ABNB: Resumption Of Travel Represents Another Tailwind For Mobility

UBER, ABNB: Resumption Of Travel Represents Another Tailwind For Mobility

Mobility is the main driver of overall profitability, says Andrew Boone. He discusses Uber Technologies (UBER) and how the March 2022 mobility data suggests further improvement as dining out and commuting recover. He also talks about how resumption of travel represents another tailwind for mobility. He then goes over how JMP Securities has an outperform rating for UBER. He mentions movement in travel stocks which expects travel companies to report strong 1Q22 results, highlighting AirBNB (ABNB). Tune in to find out more.

Market On Close

29 Apr 2022

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