The stock is set to tank after the Uber report on sexual assualt cases
Uber is set to lose just over $1 billion from its market cap after the ride-sharing company said that roughly 6,000 sexual assault cases took place in its cars over the last two years. At 5 a.m. in New York, Uber's stock fell 2.2% in premarket trading. That translates to about $1.1. billion off a market cap of $48.9 billion. In a tweet, Uber CEO Dara Khosrowshahi said:"Doing the right thing means counting, confronting, and taking action to end sexual assault.
Uber is set to lose just over $1 billion from its market cap after the ride-sharing company said that roughly 6,000 sexual assault cases took place in its cars over the last two years. At 5 a.m. in New York, Uber's stock fell 2.2% in premarket trading. That translates to about $1.1. billion off a market cap of $48.9 billion. In a tweet, Uber CEO Dara Khosrowshahi said:"Doing the right thing means counting, confronting, and taking action to end sexual assault.
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