- Uber's stock price has sold off considerably following the company's earnings report last week.
- Shares closed at a fresh low on Monday, at $37.01, the lowest since May 13. The company priced its initial public offering on May 9.
- Follow Uber's stock price in real time on Markets Insider here.
Shares of Uber sank more than 7% to a new record low price on Monday, closing at $37.01.The stock's previous bottom of $37.10 was hit on May 13, two days after the ride-hailing giant's initial public offering.Last week, Uber reported second-quarter earnings that fell short of investor expectations and catalyzed a sell-off that sent shares down as much as 10%.Despite the recent struggles, Wall Street remains bullish on the stock, with many analysts recommending the name as a buy.....MORE
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