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Options Corner: UBER's "Unclear" Future

Options Corner: UBER's "Unclear" Future

Schwab Network · Schwab Network

June 27, 20255m 4s

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Show Notes

Uber (UBER) shares notched a new all-time high this week, but Friday's downgrade from Canaccord takes the ride-hailing company to a hold rating down from a buy. The analyst cut its price target to $84 from $90 as it say the company's outcome "is truly unclear" as autonomous vehicles continue entering the market. Rick Ducat examines the chart, Tom White compiles an example options trade with a bearish tilt.


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