Is Uber Stock Ready to Take Off?

Is Uber Stock Ready to Take Off?

If there's one company poised to thrive in the economic reopening, it's Uber Technologies (NYSE: UBER). The transportation giant operates the world's largest ridesharing business, which has been decimated during the pandemic, but also has a thriving delivery business. As vaccines are deployed, normal social activities and commuting to work will begin to resume across much of the world, meaning Uber should see a strong recovery in its mobility segment, or what's known as ride-hailing.