Uber stock price gets a lift as earnings report shows people ordered more rideshares

The company’s second quarter saw an increase of 25% year-over-year in rideshare trip bookings, as well as an uptick in delivery.

Uber’s stock price (ticker: UBER) is currently up over 6% in premarket trading as of the time of this writing, after the rideshare company beat expected earnings and revenue estimates for its Q2 2024.