UBER Stock Today: February 18 Mumbai taxi scam crackdown may lift app rides

UBER Stock Today: February 18 Mumbai taxi scam crackdown may lift app rides

Uber stock is in focus for India investors today as Mumbai police crack down on taxi scams at the airport. Arrests and license actions after tourist complaints could push more arrivals to app rides, lifting near-term India GMV. We track UBER at $70.25, down 1.36% today, with year-to-date at -15.53%. Stronger airport conversion can aid mobility take rates and unit economics. Below we outline how enforcement may affect demand and how Uber stock screens on trend, valuation, and quality.

Continue Reading on Meyka

This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.

Read Full Article →

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *