Uber Technologies shares are trading higher possibly after the company announced teen accounts, which will allow teens to ride alone under parental supervision.
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies announced the introduction of teen accounts, allowing teenagers to ride alone under parental supervision. This news may have contributed to the company's shares trading higher.
May 18, 2023 | 2:37 pm
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POSITIVE IMPACT
Uber's introduction of teen accounts may have led to an increase in the company's share price.
The introduction of teen accounts expands Uber's customer base and potentially increases revenue. This positive news may have contributed to the rise in Uber's share price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100