Uber (UBER) Drives Earnings Beat & High Prices

Uber Technologies (UBER) beat revenue coming in at $8.34B. Alex Coffey and Jenny Horne discuss UBER as the company is still growing but not the same way it was during the pandemic. They also talk about how consumers are still paying very high fares, and how prices could continue to remain elevated. They then go over if there is there a seasonality to Uber Eats. Alex then demonstrates an example trade using UBER. The trade type is buy a call vertical and the direction is bullish. Tune in to find out more about the stock market today.