Summary
- Gross bookings forecast slightly below estimates
- Net income includes $1.7 billion pre-tax gain
- Q3 revenue beats on lower driver incentives, refunds
(Reuters) – Uber Technologies signaled a further slowdown in its mainstay app-based taxi business as it forecast fourth-quarter gross bookings below Wall Street estimates, sending its shares down nearly 8%. Continue reading “Uber shares slide as slowing bookings growth spooks investors”
