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Uber CEO expects further pressure as shares add to losses, down 12 percent

By Vibhuti Sharma on May 14, 2019 6:58AM

Uber CEO expects further pressure as shares add to losses, down 12 percent

Ride-hailing giant's market debut poorly received.

Uber Technologies Inc's shares fell 12 percent on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and its chief executive officer said he expected the stock to remain under pressure in the coming months. The fall in shares comes against the ...

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